a. An obligation you have to pay someone back b. An obligation someone has to pay you money c. Your total income d. An old automobile 214. A student loan origination fee is a. The same amount as your tuition payment b. What the lender charges you for processing your loan c. Based on the loan's interest rate d. None of the above 215. What can be a good type of loan interest when interest rates are low? a. Variable interest rate b. Floating interest rate c. Fixed interest rate d. Default interest rate 216. What is the easiest way to fix a budget where income is less than spending? a. Increase income b. Reduce spending c. Reduce taxes d. Increase interest earned 217. What is the first step in settling a dispute with a retailer? a. Call the police b. Call a lawyer c. Call your local elected representative d. Call the retailer 218. When you first discover an unauthorized credit card charge: a. Call the police b. Wait to receive your credit card statement c. Ignore it d. Call the card issuer and report it 219. If the value of a country's currency decreases, the cost to import its goods: a. Increases b. Decreases c. Increases in inverse proportion to the GDP d. Stays the same 220. When budgeting for a new car, which costs should you consider? a. Fuel economy b. Loan interest rate c. Maintenance costs d. All of the above 221. When choosing a personal information number for your debit card you should: a. Use your birthday b. Write the number on the back of the card c. Pick a random number that you can remember
a. An obligation you have to pay someone back b. An obligation someone has to pay you money c. Your total income d. An old automobile 214. A student loan origination fee is a. The same amount as your tuition payment b. What the lender charges you for processing your loan c. Based on the loan's interest rate d. None of the above 215. What can be a good type of loan interest when interest rates are low? a. Variable interest rate b. Floating interest rate c. Fixed interest rate d. Default interest rate 216. What is the easiest way to fix a budget where income is less than spending? a. Increase income b. Reduce spending c. Reduce taxes d. Increase interest earned 217. What is the first step in settling a dispute with a retailer? a. Call the police b. Call a lawyer c. Call your local elected representative d. Call the retailer 218. When you first discover an unauthorized credit card charge: a. Call the police b. Wait to receive your credit card statement c. Ignore it d. Call the card issuer and report it 219. If the value of a country's currency decreases, the cost to import its goods: a. Increases b. Decreases c. Increases in inverse proportion to the GDP d. Stays the same 220. When budgeting for a new car, which costs should you consider? a. Fuel economy b. Loan interest rate c. Maintenance costs d. All of the above 221. When choosing a personal information number for your debit card you should: a. Use your birthday b. Write the number on the back of the card c. Pick a random number that you can remember