Master Personal Finance
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Questions and Answers

Which of the following is NOT a consideration when planning personal finances?

  • Participation in social security benefits (correct)
  • Participation in retirement plans
  • Investment in private equity
  • Suitability of banking products
  • What are examples of banking products that individuals consider when planning personal finances?

  • Life insurance and health insurance
  • Checking accounts and savings accounts (correct)
  • Mutual funds and consumer loans
  • Companies' shares and bonds
  • Which disciplines were taught in various colleges as part of home economics for over 100 years?

  • Personal finance and family economics
  • Consumer economics and investment management
  • Personal finance and consumer economics
  • Family economics and consumer economics (correct)
  • What is an example of an insurance product that individuals consider when planning personal finances?

    <p>Life insurance</p> Signup and view all the answers

    What was the earliest known research in personal finance focused on?

    <p>Budgeting and saving</p> Signup and view all the answers

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