True/False Indicate whether the
statement is true or false.
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1.
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Saviing in a way that earns income is called investing
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2.
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Inesting in just one buisness with a low level of risk is called
diversigication.
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3.
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If you invest carefully, you don’t have t take risks.
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4.
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Many people invest in ways that are consistent with their values.
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5.
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The amount of your return on stock you own depends on how much profit the
corporation makes and how much stock you own.
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6.
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Few people can pay for a home without borrowing.
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7.
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ATM machines enable you to receive a cash advance and add it to your credit card
bill
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8.
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On a revolving charge account, the slower your reduce the balance, the less
interest you will pay overall.
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9.
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Interest on an unsecured laon is usually lower than on a secured loan.
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10.
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The Fair Credit Reporting Act of 1971 gave consumers a way to check thieir
credit reports.
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11.
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Recent surveys show that very few American teenagers think they weigh too
much.
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12.
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One way to eliminate the danger of too much cholesterol is to bombard food with
microscopic amounts of radiation.
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13.
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It is not easy to do economical grocery shopping when you are hungry.
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14.
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Successful grocery shopping is easier if the shopper avoids making a list of
needs before going shopping.
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15.
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The expiration date or manufacturing date does not need to be clearly placed on
a product.
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16.
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More than two-thirds of new card driven in the United State tody are
leased.
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17.
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Your car owner’s manual tells you how to operate controls and care for
your car.
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18.
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When making an offer on a new car, it is financially better for the buyer to
stay close to the invoice price.
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19.
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Renting provies more mobility and freedom from responsibility than owing a
home.
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20.
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Insurance limits the possible amount of financial losses.
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21.
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If preferable that you call the police to investigare any accident in which tou
are involved.
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22.
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Group insurance is less experience to administer per person because of the large
number of people in the plan.
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23.
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Tfhe WIC program provides nutrition eduction and food for women and young
children
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24.
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Tehe defendant pays for the services of the public defender.
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25.
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NAFTA requires that tariffs on most goods produced and sold in North America be
gradually increased.
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