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    Personal Finance Trivia Questions

    Finance
    Personal Finance Trivia Questions

    Test your financial literacy with this multiple-choice personal finance trivia questions! Read each question carefully and select the one correct answer below it. 

    Once you’ve answered each question, the results will be shown with rationales for both correct and wrong answers. Enjoy as you learn. 


    1. When deciding which of the two items to purchase, one should always:

    Choose the item that costs less.
    Choose the item with the greatest benefits.
    Choose an item after comparing the costs and benefits of both items.
    Don’t know.

    2. What do we call money saved for unexpected expenses?

    A. Retirement fund
    B. Emergency fund
    C. Vacation fund
    D. Bonus stash

    3. What is the concept that explains why a dollar today is worth more than a dollar tomorrow?

    Inflation Adjustment Principle
    Time Value of Money
    Future Discounting Theory
    Monetary Depreciation Effect

    4. What is the concept that explains why a dollar today is worth more than a dollar tomorrow?

    Inflation Adjustment Principle
    Time Value of Money
    Future Discounting Theory
    Monetary Depreciation Effect

    5. What is the concept that explains why a dollar today is worth more than a dollar tomorrow?

    Inflation Adjustment Principle
    Time Value of Money
    Future Discounting Theory
    Monetary Depreciation Effect

    6. What is the concept that explains why a dollar today is worth more than a dollar tomorrow?

    Inflation Adjustment Principle
    Time Value of Money
    Future Discounting Theory
    Monetary Depreciation Effect

    7. What is the concept that explains why a dollar today is worth more than a dollar tomorrow?

    Inflation Adjustment Principle
    Time Value of Money
    Future Discounting Theory
    Monetary Depreciation Effect

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