Question 37 (1 point) Which of the following typically has the lowest fees or costs to use? Question 39 (1 point) Cash advance Credit card Using a tax on air travel to help pay for airport security would be an example of which principle? Payday loan revenue principle Debit card benefit principle Question 38 (1 point) proportional principle ability-to-pay principle Insurance can help you: Question 40 (1 point) minimize monthly expenses Which choice is NOT one of the three major groups that make the decisions in a market economy? cover all out-of-pocket costs Consumers financially protect against unexpected accidents Producers Government reduce the chances of getting into an accident Judges Question 27 (1 point) Question 34 (1 point) In which of the following scenarios will you be entitled to pay the least amount of If a high-income family and a low-income family both pay the same dollar amount money out-of-pocket for a medical expense? when paying a particular tax, that tax would best be described as...? You have health insurance with a $1,500 deductible flat You have auto insurance with a $700 deductible. regressive You have no insurance. graduated You have health insurance with a $500 deductible. O proportional Question 35 (1 point) Question 28 (1 point) You are starting your first job and you are asked to complete some paperwork on Which of the following are NOT deducted on a typical paystub: your first day. Which form will determine how much money is withheld from your paycheck for federal and state income taxes? Medicare tax OW-4 Sales tax OW- 2 1040 State income tax 1-9 Social security tax Question 36 (1 point) Question 30 (1 point) The term referring to the rate of yearly interest for your credit card is commonly As a teenager with a job, which of the following is a benefit of putting your tax known as: refund (and a chunk of your paycheck) into a Roth IRA? Default rate A Roth IRA works a lot like a checking account, but it earns higher interest APR A Roth IRA is the best place to save for college COD You are getting a head start on your retirement from an early age and will benefit from a long period of compounding Grace period At the end of each year, you get all of your Roth IRA contributions back, plus interest, so it's a great way to make extra money