Question 37 (1 point) Which of the following typically has the lowest fees or costs to use? Question 39 (1 point) Cash advance Using a tax on air travel to help pay for airport security would be an example of Credit card which principle? Payday loan Orevenue principle Debit card benefit principle proportional principle Question 38 (1 point) 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 34 (1 point) Question 27 (1 point) If a high-income family and a low-income family both pay the same dollar amount In which of the following scenarios will you be entitled to pay the least amount of when paying a particular tax, that tax would best be described as...? money out-of-pocket for a medical expense? flat You have health insurance with a $1,500 deductible. regressive You have auto insurance with a $700 deductible. graduated You have no insurance. proportional You have health insurance with a $500 deductible. Question 35 (1 point) Question 28 (1 point) You are starting your first job and you are asked to complete some paperwork on your first day. Which form will determine how much money is withheld from your Which of the following are NOT deducted on a typical paystub: paycheck for federal and state income taxes? OW 4 Medicare tax OW - 2 Sales tax 1040 State income tax 1-9 Social security tax Question 36 (1 point) The term referring to the rate of yearly interest for your credit card is commonly Question 30 (1 point) known as As a teenager with a job, which of the following is a benefit of putting your tax refund (and a chunk of your paycheck) into a Roth IRA? Default rate APR A Roth IRA works a lot like a checking account, but it earns higher interest COD A Roth IRA is the best place to save for college Grace period You are getting a head start on your retirement from an early age and will benefit from a long period of compounding 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