financial lit

Which of these qualities should be LEAST important when considering purchasing a product?

How many of your friends have the product

Which payment method is the SAFEST to use when buying from an online seller?

Credit card

All of these are common dark patterns EXCEPT…

Leapfrogging

All of these are potential outcomes of identity theft EXCEPT

Someone pretending to be you could go to your workplace and replace you

Which of these accurately describes a common relationship between consumers and subscription services?

Consumers forget how many subscriptions they have and how much they cost

All of these are red flags in a finfluencer's investing content, EXCEPT…

Explaining the risks of an investment

A billionaire appears in an ad eating cereal in his kitchen to seem relatable. Which persuasive technique is this?

Plain folks

All of these are strategies of comparison shopping EXCEPT…

Shopping exclusively online

Which statement is TRUE about the hidden fees consumers frequently encounter while making purchases?

Hidden fees are a widely accepted practice despite customer dislike

Which of the following products are most Americans likely to buy after seeing it on social media?

clothes

All of these are red flags that someone is likely a scammer EXCEPT…

They respond to an inquiry you made regarding your bank account

All of these are ways that social media has an impact on teen spending EXCEPT…

Influencers typically encourage consumers to save money rather than spend

A 12-pack of granola bars costs $6. What is the unit price?

$0.50

Which of these methods of shopping has the LARGEST negative impact on the environment?

Looking for the product you want in stores and then buying it online

TRUE or FALSE: Older people (ages 70-79) lose money MORE often than younger people (ages 20-29)?

FALSE

All of the following are PRACTICAL strategies to reduce the influence of advertisements EXCEPT…

Avoid using the internet completely

When Leo tries to close a pop-up, the only button says "No thanks, I don't like saving money." Which dark pattern is this?

Confirmshaming

All of these are common ways credit card information is stolen EXCEPT…

Scammers calling your bank pretending to be you

All of these are benefits of buying goods second hand EXCEPT…

Used goods typically come with better warranties than new products

What should you do FIRST if you suspect your personal information has been compromised?

File an identity theft report with the FTC