ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A person complains about how expensive it is to be a cigarette smoker. One of the reasons cigarettes are so expensive is that
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the tobacco supply is controlled by the Federal Trade Commission (FTC).
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the tobacco industry imports most of the tobacco.
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their cost is controlled by the Food and Drug Administration (FDA).
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the government imposes an excise tax on them.
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Explanation:
Detailed explanation-1: -Which of the following careers would be a possible choice for someone interested in money and finance? Banker, Certified Financial Planner, Stock broker, accountant, etc.
Detailed explanation-2: -A person’s debt ratio shows the relationship between debt and net worth.
Detailed explanation-3: -Fixed expenses generally cost the same amount each month (such as rent, mortgage payments, or car payments), while variable expenses change from month to month (dining out, medical expenses, groceries, or anything you buy from a store).
Detailed explanation-4: -Examples of financial goals include: Paying off debt. Saving for retirement. Building an emergency fund.
There is 1 question to complete.