Which of the Following Is an Example of Money Management

question 35

Multiple Choice

Which of the following is an example of money management?

• A) Putting your money in a savings account at your bank
• B) Shopping around for the credit card with the best interest rate
• C) Deciding to delay buying a new car until you can pay cash
• D) Paying off a loan early to reduce the interest charges

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Definitions:

Selective Breeding

The process of breeding plants or animals for specific genetic traits, aiming to produce offspring with desirable characteristics.

Fraternal Twin

Siblings who are born at the same time but developed from two separate eggs fertilized by two different sperm, genetically similar as typical siblings.

Range of Reaction

The concept that an individual’s genetic makeup establishes the range of possible responses to different environmental qualities.

Epigenetics

The study of changes in organism caused by modification of gene expression rather than alteration of the genetic code itself.