Chapter 12 Notes:
chapter_12.docx | |
File Size: | 12 kb |
File Type: | docx |
Chapter 13 Notes:
chapter_13.docx | |
File Size: | 12 kb |
File Type: | docx |
Unit 4 Study Guide:
· What choices do consumers make?--> the 3 steps (goals, information, opportunity costs), and details about each
· Comparison shopping
· What is consumer protection? Why are we protected, and how?
· Be able to make a personal budget strategy
· Why save money?
· Savings accounts—interest, money market accounts, time-deposit accounts, withdraw, ATM fees
· Why borrow money? Credit, principal
· 401k, IRAs, Medicaid, Social Security
· Details of credit cards and bank loans
· Bartering vs. money
· The desirable qualities of money (there are 5)
· Money Supply
· The Federal Reserve System
· Details of banking
· Commercial Banks, credit unions--> what are the pluses and minuses of each?
· Comparison shopping
· What is consumer protection? Why are we protected, and how?
· Be able to make a personal budget strategy
· Why save money?
· Savings accounts—interest, money market accounts, time-deposit accounts, withdraw, ATM fees
· Why borrow money? Credit, principal
· 401k, IRAs, Medicaid, Social Security
· Details of credit cards and bank loans
· Bartering vs. money
· The desirable qualities of money (there are 5)
· Money Supply
· The Federal Reserve System
· Details of banking
· Commercial Banks, credit unions--> what are the pluses and minuses of each?