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Questions and Answers
Which of the following is a reason why financial education should focus on comparing the advantages and disadvantages of different products?
Which of the following is a reason why financial education should focus on comparing the advantages and disadvantages of different products?
- Young consumers face complicated choices of goods in shops (correct)
- Teenagers need to understand the regulations of tax and pensions
- Special offers are not worth it
- Shopping is done online
What is a skill that modern consumers need?
What is a skill that modern consumers need?
- Understanding tax and pensions
- Knowing how to do online shopping safely (correct)
- Comparing the advantages and disadvantages of different products
- Knowing what special offers are worth
Why does the text suggest that teaching teenagers about tax or pensions may not be relevant?
Why does the text suggest that teaching teenagers about tax or pensions may not be relevant?
- The regulations of tax and pensions are constantly changing (correct)
- Teenagers are not interested in learning about tax or pensions
- Tax and pensions are not important for financial education
- Teenagers do not need to deal with tax or pensions
What is one of the key focuses of financial education according to the text?
What is one of the key focuses of financial education according to the text?
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Why is it important for young consumers to understand what is really being sold?
Why is it important for young consumers to understand what is really being sold?
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