Why Is Part-Time Work Among Teens Associated with Unrealistic Expectations

question 16

Multiple Choice

Why is part-time work among teens associated with unrealistic expectations about how income can be allocated?

• A) Parents customarily pay for many of the essential expenses, leaving working adolescents with a higher percentage of their income available for discretionary spending.
• B) The high pay they receive at these jobs sets up unrealistic expectations about "real" pay.
• C) They tend to save significantly more during these times than after they get a full-time job.
• D) The money that teens make today is worth less than the same amount will be worth in the future.

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Definitions:

Refund

The return of money to a purchaser in response to their dissatisfaction with goods or services provided, or as a result of the return of the goods themselves.

Credit Card Companies

Businesses that issue credit cards to consumers, extending a line of credit for purchases and cash advances.

Forged Checks

Illegally altered checks or the creation of counterfeit checks to fraudulently withdraw or obtain money.

Fraudulent Alteration

The unauthorized modification of a document with the intention to deceive for personal gain or to harm another party.