Page 1

BUSN 380 Week 1 Quiz Set 2 Click Here to Buy the Tutorial For more course tutorials visit

The danger of lost buying power during times of rising prices is referred to as inflation risk. economic risk. personal risk. interest-rate risk. money risk. Question 2.2. (TCO 1) When bankruptcy is experienced, this can be the result of poor decisions in the

_____ component of financial planning.






Question 3.3. (TCO 1) The Federal Reserve has the responsibility to

monitor illegal business activities.

approve spending by Congress.

set federal income tax rates.

maintain an adequate supply of money.

maintain a balanced budget for the federal government.

Question 4.4. (TCO 1) The _____ refers to stages that an individual goes through based on age,

financial needs, and family situation.

financial planning process

financial cycle

adult life cycle

personal economic cycle

tax planning process

Busn 380 week 1 quiz set 2  
Busn 380 week 1 quiz set 2