When the market for moncy is drawn with the value of money on the vertical axis and the quantity of moncy on the horizomal axis, if the Fed sells bonds then the money supply and the price level increase. money supply increases and the price level increases. moncy supply and the price level decrease. money supply increases and the price level decreases.

What is one potential disadvantage of using credit for making purchases? purchase items now and pay later possibility of overspending if you do not keep good records higher costs with interest and credit card fees all of the above

What is the likely outcome if your account balance remains constant throughout the month? You are saving consistently. Your spending equals your income. You are facing financial instability. You are investing wisely.

Which of the credit score ranges is considered excellent credit? \( 720-850 \) \( 590-619 \) \( 500-589 \) \( 660-689 \)

\( 1 \leftarrow \quad \begin{array}{l}\text { (a) } I=P r t \text { for } r \\ \text { (b) } S=P(1+r t) \text { for } t\end{array} \)

Listen What is the term for saving 10\% of your earnings each time you get paid? inancial literacy paying yourself first investing