1. We have learned an awful lot about budgeting our money to reach financial goals and allocating our income in a way to ensure long term security. What can we say about budgeting our time, what does budgeting our time have to do with how productive we are or how time allocation can affect us in reaching our goals? 2. What is meant by liquidity? What is more liquid, 100 pounds of pure silver bullion or in \$250,000 three bedroom family home? Why? 3. Name at least two lessons you hase learned ahont woulth ncegmulation? what an some ways to accumulate wealth? What aw some whys to gencrate income? 3. We participate to get access to social services through taxation. Although we need to pay our fair share we also do not want to overpay. What are four tax deductions one might qualify for at the end of the year? 6. What is the relationship between someones marginal propensity to consume and taxes? 7. Name and elaborate on two components of low interest rates that causes consumers to have a higher demand for money? 8. What may be the opportunity cost from holding your money with a bank in their checking account versus a savings or CD account? 9. In one of our assignments we calculated possible returns from investment vehicles offered by our banks. Until rexently. we had historically low interest rates. Even at the current rates - which are significantly ligher than jast decades inflation is greater than the returns offered through our banks. How will inflation affect our returns at the end of the year? 10. How does inflation help us pay off out debt oret fime? 11. Name three variables that atfect inatitione preminns? (Catenlititig the right atnount of promiums will help instanalce compauies generite profits. II hat is mother way insurntice compentes somerate profits