Chapter 14

Personal Finance

Test your knowledge

Chapter 14: Personal Finance Quiz

Test your knowledge of the personal finance chapter material!

1 / 10

True or false: You can write about how tax changes will affect your readers.

2 / 10

What do you call an expense that is deducted from the adjusted gross income, reducing your taxable income?

3 / 10

Why is it a good idea to meet financial professionals in your community?

4 / 10

By federal law, consumers are entitled to one free credit report once every __ months from each of the three credit bureaus.

5 / 10

True or false: Economists do not declare the market “recovered” until all consumers are past the financial crisis.

6 / 10

What does Annual Percentage Rate (APR) consist of?

7 / 10

What does AGI stand for?

8 / 10

True or false: Personal finance reporters are not personal finance advisors.

9 / 10

What is a good way to connect with your readers?

10 / 10

True or false: There’s no such thing as high returns without any risk.

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The average score is 90%

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