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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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Chapter 8 Study Guide

  Chapter 8 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 8  Why is budgeting in college important? What are the 9 points mentioned to create a budget for college? What are the 6 additional tips for budgeting for college? What is financial aid? What are the 3 mentioned types of financial aid? What does FAFSA stand for? What’s a student loan? What are the 2 mentioned types of student loans? What are the benefits of federal student loans? Fill in the blank Understanding the repayment conditions, loan specifics, There are 4  “Various financing methods are available for higher education -” What are the 6 points mentioned on Student loans? What is a Grant? Who can you receive a scholarship from? What is a work-study program? What are the 8 mentioned steps to building a strong financial future after college? Which idea stands out the most to you out of the 15 ideas listed for after graduation? Fill in the blank Pr...
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