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(02.05 MC) Jared’s friends invite him to dinner at an expensive restaurant. Jared examines his budget and determines he cannot afford an expensive dinner, so he declines the invitation. Which of the following best represents the reason for Jared’s decision? (4 points)

(04.02 MC) How are start-up costs related to natural monopolies? (4 points)

(04.04 MC) If inflation begins to rise rapidly, which step is the Federal Reserve likely to take? (4 points)

(02.02 LC) The main benefit of a technical school certification is (4 points)

(02.04 MC) Principal Interest Year 1 Interest Year 10 Interest Year 20 Total Savings After 20 Years $12,000 in Simple Interest Account $12,000 x 5%= $600= $12,600 $12,000 x 5%= $6000= $18,000 $12,000 x 5%= $12000= $24,000 $12,000 + 20 years of simple interest= $24,000 $12,000 in Compound Interest Account $12,000 x 5%= $600= $12,600 ($12,000 + $6,615.94)$18,615.94 x 5%= $19546.74 ($12,000 + $18,323.40)$30,323.40 x 5%= $31,839.57 $12,000 + $20 years of compound interest$31,839.57 Abbie is in high school and saves money from her afterschool job to buy a car after she graduates from college. She wants a new car but knows it will cost more than $20,000. By her freshman year, she has saved $12,000. Which of the following would most help her have the most money by graduation? (4 points)

(04.03 LC) Which best describes the function of the Federal Reserve System? (4 points)

The effects of cocaine are the same for men and women.

Women are less likely today than they were 30 years ago to use medicines while pregnant.

Adhesive bandages are used small cuts and abrasions.

Mixing medications with wine causes more potential health problems than mixing medications with beer.