Common Sense Economics

Answer Key (For Instructor / Admin Use Only) 1–True 11–False 2–False 12–True 3–False 13–True 4–False 14–True 5–True 15–True 6–False 16–True 7–False 17–True 8–True 18–True 9–True 19–True 10–False 20–True. Next Steps / Notes Section If you scored below 80%, you are encouraged to re-read the material. The educational material you have just read makes sense to you and incorporates both Privatized Family Banking (PFB) and financial strategy to help you structure a plan that works best for your individual situation. Please understand that IRS and company underwriting guidelines will determine how much you can deposit depending on age, sex, and health FINANCIAL PROVERBS Your money is worth more today than it will be tomorrow! $1,000 of today’s dollars @ 4% inflation, in 10 years, will only be worth $664. Not only do you have inflation to deal with, but you also have the depreciation of the dollar to take into consideration. So, one should make smart decisions with their money!

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