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Chapter 5 Study Guide

Chapter 5 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 5 Fill in the blank using your own words or quote directly from the book.  What are the 4 types of bank accounts? What does CD stand for? What are the 4 mentioned features of a checking account? What are the 3 mentioned features of a savings account? What are the 3 mentioned features of money market accounts? What are the 3 mentioned features of Certificates of deposit accounts?  What are the 4 key differences of a checking and savings account? What is a joint account? What are the 5 mentioned advantages of having a joint account? What are the 5 mentioned downsides of having a joint account? What are the 5 mentioned pros of having multiple savings accounts? What are the 5 mentioned cons of having multiple savings accounts? What are the 6 key points in choosing the right financial services? What are th...
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Chapter 1 Study Guide

Chapter 1 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 1 What is the Barter system?  What main commodity replaced the Barter system? What were paper note currencies?  Why did people switch to paper note currencies? What are the 4 most commonly traded currencies today?  What are digital currencies?  What are the 2 most common cryptocurrencies mentioned?  Fill in the rest of the Sentence.      Inflation signifies:  What percentage is ordinary inflation rates:  What percentages are considered hyperinflation rates:  What are the 6 mentioned impact points of inflation on personal finances? What are the 5 living costs, mentioned, impacted by inflation?  Governments primarily fight inflation through:  The 7 main employed strategies to fight inflation are:  What are the 5 points mentioned on why pe...
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