(01.09 LC)Which part of a budget is easiest to adjust?

(02.03 MC)Which of the following does a sole proprietorship and a partnership share?

(01.02 MC)Devon writes a poem for a nationwide contest rather than joining friends at a football game. Which could be a long-term benefit of Devon’s choice?

(01.08 LC)To earn money on your investments, your rate of return must be higher than which value?

(02.09 MC)Your community faces a challenging issue. Five different plans are identified to address the problem. You will serve on a volunteer committee to evaluate and make a recommendation to the city council. Which economic process will best serve your committee in this task?

(01.06 LC)Which function of money describes its use in the buying and selling of goods and services?

(01.08 MC)An investor wants to save money over a long period of time. This investor does not need to have easy access to the money and is worried about losing any money. Knowing the interest rate and that it will not change is important. Which investment best meets this investor’s needs?

(01.09 MC)You earn $50,000 per year. Your entire income is taxed at the 10 percent federal tax bracket. Which value reflects what you will pay in federal income taxes?

(01.08 MC)An investor wants to set aside some money but also wants to have easy access to it without penalty. The investor is not concerned with earning a large amount of interest. Which investment best meets this investor’s needs?

(02.06 MC)Use the graph to answer the question that follows.If the ice cream shop is producing 8 gallons of chocolate ice cream and 6 gallons of strawberry ice cream, which of the following statements is true?