Consumer education and money management

Question 1 of 10

Income received regularly, such as a monthly salary, is

Question 2 of 10

A consumer who buys goods in large quantities to save money practises

Question 3 of 10

Engel's law states that as income rises, the proportion spent on food

Question 4 of 10

A warranty or guarantee on a new appliance promises that the seller will

Question 5 of 10

Income GH¢2,000; fixed expenses GH¢1,200; savings target 10% of income. The amount left for flexible spending is

Question 6 of 10

A consumer right is the right to

Question 7 of 10

A written promise by a manufacturer to repair or replace faulty goods is a

Question 8 of 10

Impulse buying is

Question 9 of 10

A family earns GH¢3,000 a month and spends 30% on food. Its monthly food budget is

Question 10 of 10

The goods and services that money can actually buy is