Question 8 (1 point) Safety standards for products such as bicycles are set by the: Food and Drug Administration Question 25 (1 point) In the late 1950s and early 1960s, the Soviet Union faced the choice of making a State Department huge investment in space technology, space exploration and science, taking Federal Trade Commission investment money from the production of housing and consumer goods. This choice to pursue applied science in the area of space technology was motivated by both the Consumer Product Safety Commission hope of using space superiority for military purposes and the desire to showcase the scientific genius of the Soviet Union by defeating the West in the space race. What was the opportunity cost of the choice made to pursue space exploration? Question 9 (1 point) advanced space technology If you cause a car accident, which type of insurance will require you to pay the least the use of space for military purposes out of pocket? investment in housing and consumer goods High deductible plan several million dollars Either A or B Low deductible plan Question 26 (1 point) Neither A nor B Bill is trying to decide what to do with his evening. He could pick up a shift at the restaurant where he works and earn $60, clean out the garage for his parents and Question 10 (1 point) earn $20, or go for a bike ride. If Bill goes for a bike ride, what is his opportunity cost? How can your credit score impact your financial situation? $20 Consumers with high scores can borrow and those with low scores cannot $60 high scores Consumers with low scores get lower interest rates on loans than those with There is no opportunity cost It generally has no impact on your financial situation $80 Your credit score can determine whether you are approved for a loan and what the interest rate on that loan will be Question 5 (1 point) Good credit is usually required for which of the following: Question 23 (1 point) As a shareholder in a public company, what are the benefits available to you? Buying a new car You can select members of the management team [e.g., the Chief Executive Officer (CEO)] and vote for members of the Board of Directors You have ownership of a portion of a company and receive coupon payments Adopting a pet from the issuer You may receive dividends from the company, if the company pays them, and you have ownership of a portion of a company purchasing a home You must receive dividends from the company (all companies must pay them) and you can select members of the management team (e.g., the Chief Executive Officer (CEO)) Buying new furniture Renting an apartment Question 24 (1 point) Who tracks all of your credit information? Question 6 (1 point) Consumer Financial Protection Board (CFPB) Which of the following is NOT found on Nutrition Facts labels? Lenders Price per calorie Companies named Equifax. Experian and TransUnion Calories per serving Federal government Servings per container Total fat per serving