leasing a car may be a better option than buying a car if...
  • you don't plan on having it for long and don't want to worry about regular maintenance
  • no restrictions on the number of miles to drive and the ability to customize, or make changes to the car
  • all of the above
  • smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
which of the following is NOT a useful strategy when making an informed purchase?
  • a price that fits comfortable in your budget
  • smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
  • purchase a product based on a social media influencer
  • they are planning on living there for a short period of time
which payment option could have interest charged to you?
  • cash
  • debit card
  • credit card
  • buying a house
the price of a single item within a group of items is known as the _______ of the item
  • buying a house
  • credit card
  • unit price
  • debit card
which method of payment actually is a form of borrowing money that needs to be paid back later?
  • debit card
  • unit price
  • credit card
  • checks & debit cards
which fact supports the idea that renting is a good option for living in a place for a short period of time?
  • the influencer is paid to post the product
  • landlords take care of most maintenance
  • a price that fits comfortable in your budget
  • checks & debit cards
how does a consumer know whether a purchase may be a good deal?
  • Both A and B
  • debit card
  • buying a house
  • both a and c
when making a large purchase, you should avoid everything EXCEPT ___________
  • assume that buying the cheapest item is the smartest choice
  • a price that fits comfortably in your budget
  • they are planning on living there for a short period of time
  • a price that fits comfortable in your budget
how is a post from a social media influencer different than a comment from a regular consumer?
  • a price that fits comfortable in your budget
  • the influencer is paid to post the product
  • they are planning on living there for a short period of time
  • the advertisement is likely one-sided
which of the following is NOT an advantage of owning a car?
  • no restrictions on the number of miles to drive and the ability to customize, or make changes to the car
  • a price that fits comfortable in your budget
  • smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
  • purchase a product based on a social media influencer
how is an advertisement different from a comment from a regular consumer?
  • it helps you determine the best deal
  • the advertisement is likely one-sided
  • they are planning on living there for a short period of time
  • the influencer is paid to post the product
which example shows an advantages of owning a car over leasing one?
  • purchase a product based on a social media influencer
  • smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
  • no restrictions on the number of miles to drive and the ability to customize, or make changes to the car
  • credit card
what is one of the best ways to get reliable information about a product?
  • search online reviews
  • both a and c
  • the advertisement is likely one-sided
  • they are planning on living there for a short period of time
when you are deciding what to buy, you should not...
  • assume that buying the cheapest item is the smartest choice
  • a price that fits comfortable in your budget
  • a price that fits comfortably in your budget
  • smaller down and monthly payments than leasing a car (it keeps saying it's wrong for some reason)
which forms of payment is linked to a bank account which limits the amount of money you can spend to balance in your account?
  • checks & debit cards
  • buying a house
  • credit card
  • search online reviews
why is figuring out the unit price of something useful when shopping?
  • it helps you determine the best deal
  • buying a house
  • a price that fits comfortably in your budget
  • the advertisement is likely one-sided
what is the best reason for why someone would want to lease a house instead of buy one?
  • the advertisement is likely one-sided
  • a price that fits comfortable in your budget
  • they are planning on living there for a short period of time
  • purchase a product based on a social media influencer
making a good purchasing decisions requires _______
  • all of the above
  • both a and c
  • credit card
  • Both A and B
which housing option gives you more freedom and more responsibility?
  • credit card
  • both a and c
  • debit card
  • buying a house
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