Employment and Education Answers
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This graph compares consumer expenditures in three American cities from 2007 to 2010.
A
workers in Houston are more likely to have jobs with high growth rates.B
workers in New York may face a cost of living that will exceed their salaries.C
jobs in San Francisco may have higher salaries to offset the cost of living.D
jobs in Cleveland tend to pay based on an hourly wage instead of a salary.2
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Which statement best defines tuition?
A
Tuition is federal money awarded to a student.B
Tuition is aid given to a student by an institution.C
Tuition is money borrowed to pay for an education.D
Tuition is the price of attending classes at a school.3
How does an employer's presentation of retirement savings options affect employees' decisions to save?
A
by automatically enrolling employees to tap into their default biasB
by assigning employees to different saving courses in the retirement planC
by offering various saving courses in the retirement planD
by making the plan more complex to get employees more involved4
How is a student loan different from a scholarship?
A
A student loan must be paid back, but a scholarship is not paid back.B
A scholarship must be paid back, but a student loan is not paid back.C
A student loan is a form of financial aid, but a scholarship is not.D
A scholarship is a form of financial aid, but a student loan is not.5
Work-study is a program that includes
A
working at an outside job to help pay for school.B
taking a school job to help pay for an education.C
agreeing to serve in the military for financial aid.D
participating in a service program to receive aid.6
Which statement describes an hourly wage job?
A
Each paycheck is the exact same regardless of number of hours worked.B
Each paycheck is less, even if an employer wants you to work more hours in a week.C
If an employer wants the employee to work more hours in a week, the result is a larger paycheck.D
If the business is closed for a holiday, the employee still gets paid regardless of available vacation hours.7
Which statement best explains a grant?
A
A grant is money awarded to a student, usually based on financial need.B
A grant is aid given to a student by an institution, often based on academic success.C
A grant is money borrowed by a student to pay for an education that will need to be repaid.D
A grant is the price of attending classes at a school.8
This graph shows student loan debt in the United States from 1994 to 2009.
A
Student loan debt will most likely decrease in the coming years.B
Students have taken out higher and higher loans since 1994.C
Enrollment for higher education will soon begin to decrease.D
Tuition for higher education has risen steadily since 1994.9
Which educational institutions typically cost the most to attend?
A
vocational schoolsB
community collegesC
public universitiesD
private colleges10
At an educational institution, the cost of room and board includes
A
housing and meals.B
health and dental care.C
textbooks and supplies.D
tuition and class fees.Did you find these answers helpful?
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