Primavera Economics Unit 1 Workbooks and Checkpoints 2023/2024 Already Passed

Primavera Economics Unit 1 Workbooks and Checkpoints 2023/2024 Already Passed How do you benefit from understanding personal finance? (Select all that apply.) Making quality choices about money by creating and managing a budget, Comprehending the difference between debit and credit cards. What is the meaning of the word 'economics'? Laws for the home Read the scenario. George is 22 years old, single, and has just started his first job. He saves 5 percent of his monthly income for retirement. Kirsten is 30 years old and married with two children. She will start saving 6 percent of her income for retirement when she turns 35. Which person will have more money at age 65 if all other factors are the same? George will because he is younger and saving for a longer period. Which are offered by joining the military after high school? (Select all that apply.) Receive tuition assistance after serving a certain number of years, Receive training while earning a salary. Which accurately describes a push marketing tactic to help manufacturers sell more products? A manufacturer offers department stores incentives for selling its product. What are the four Ps of marketing (also known as the marketing mix)? Product, price, promotion, and place Comparative advertising includes which of the following criteria? (Select all that apply.) Additional features, Better price, Increased quantity. Which best explains product advertising features? Advertising that focuses exclusively on the benefits of the product Which is the best example of direct vendor advertising? A commercial during the Super Bowl for Starbucks coffee. Why is cooperative advertising the most common form of advertising used by wholesalers and manufacturers who jointly advertise a product? (Select all that apply.) Large quantities can be held in stock, It allows for sales at a discounted price. On average, who earns the highest salaries? People with a professional degree. When should you start planning for retirement? You should start planning as soon as you decide on a career path. Why is it important to use multiple methods of both broadcast and online media advertising? Using multiple methods allows for wider exposure to advertise the product or service. Which are part of the marketing mix? (Select all that apply.) Know what people will pay, Have multiple locations, Have the proper packaging. Read the scenario. Alfonso is 19 years old and has a high school diploma. Recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. His dream is to become the restaurant's manager. What is his best option for achieving his dream? He should attend classes at the local college to receive training in management. Which items make up the marketing mix? Place, price, promotion, product. Where would you find the most useful information about post-secondary education and training? (Select all that apply.) Military and school websites, Department of Education. Which is the best reason for why companies use product advertising features? To focus on a specific benefit. Read the sentence. When setting financial goals, it is important to set SMART goals. What does the acronym SMART stand for? Specific, Measurable, Attainable, Relevant, Timely. Which is an example of a SMART financial goal? I want to save $25 per week by packing my own lunch in order to pay off $100 in credit card debt in the next 30 days. How do individuals benefit from creating a budget? (Select all that apply.) It helps them devise a plan to save money, It helps them identify their expenses, It helps them identify their income. Read the scenario. Sally needs to pay her bills this month. Her bills include rent, utilities, groceries, concert tickets, airfare, care insurance, a car rental, and a trip to an urgent care facility. What are Sally's fixed expenses? Rent and car insurance. Which