Identify whether each of the following statements are True or False.  Statement 1: Individual Development Accounts are special bank accounts that allow all families in the US to save for education, starting a business, and the purchase of a first home. Statement 2: In order to qualify for an Individual Development account an individual must participate in a financial literacy program.   

Robert is using a savings plan that increases his retirement contibutions whenever he receives a pay increase. Which savings plan is he using?

You are tasked with designing a savings program for a community that is hesitant to use big banks. You want to ensure the product has a “commitment device” but doesn’t “scare away” potential users. Which approach aligns best with this form of flexible savings?

As The Financial Diaries points out, debt can have both positive and negativedimensions. Which of the following is NOT one positive aspect of taking on debt?

How do the goals of Financial Diaries’ families and individuals like Robert Hill compare to those of upper and middle income families? 

Traditional financial advising practice tells us financial insecurity is often due to:

A(n) ____ admixture speeds up the strength development of concrete. Chose from the options given below.

___________ is a relatively new design approach that attempts to bring together all the diverse participants of a project at the beginning of the design phase. Chose from the options given below.

____ admixtures are used to entrain microscopic air bubbles in concrete. Chose from the options given below.

Softwoods, derived from coniferous trees with needle-like leaves, are primarily used for structural framing, sheathing, and subflooring, whereas hardwoods from deciduous broad-leaved trees are the main choice for cabinetry, furniture, paneling, and flooring.