Budgeting

Question 1

What are the results of Maya’s conspicuous consumption? Check all that apply.

Revolt · Accepted Answer

stress about paying bills; a lack of money for other expenses; great electronic connectivity

Question 2

If you waited six months to buy the phone, you would have saved .

Revolt · Accepted Answer

$200

Question 3

The most expensive overall option is to use to purchase the item.

Revolt · Accepted Answer

a rent-to-own program

Question 4

The auction price of the game system is higher than the retail price because .

Revolt · Accepted Answer

demand is higher than supply

Question 5

If you buy the toaster pastries at a discount store, you will pay about for each package.

Revolt · Accepted Answer

$0.44

Question 6

A consumer would pay an extra if they used the rent to own program to buy the computer, rather than using cash.

Revolt · Accepted Answer

$800.00

Question 7

In this case, the best deal is to buy the toaster pastries from a .

Revolt · Accepted Answer

discount store

Question 8

For all of the items, using is the cheapest option over the life of the contract.

Revolt · Accepted Answer

cash

Budgeting Answers