Personal Finance Knowledge Quiz
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Questions and Answers

What are some examples of banking products mentioned in the text?

  • Real estate and stocks
  • Checking and savings accounts (correct)
  • Government bonds and treasury bills
  • Cryptocurrency and commodities

    • Who is recognized as one of the pioneers in the study of consumer behavior and household behavior?

  • Herbert A. Simon
  • Margaret Reid (correct)
  • Hazel Kyrk
  • University of Chicago

    • When was the earliest known research in personal finance conducted?

  • 1955
  • 1920 (correct)
  • 1962
  • 1947

    • What did Herbert A. Simon suggest in 1947?

    <p>Decision-makers do not always make the best financial decision due to limited resources and personal inclinations</p> Signup and view all the answers

    What are examples of insurance products mentioned in the text?

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

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