This quiz works best with JavaScript enabled. Home > Incentives > General > Incentives – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Incentives Quiz 6 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. For G1 rating in Goal Sheet, ..... of Protection Sales to be met. A) >18%. B) >15%. C) >12%. D) >20%. Show Answer Correct Answer: A) >18%. 2. Which of the following statements are TRUE? A) Scarcity requires people to make choices. B) Wealthy people do not face scarcity. C) Scarcity only exists in lesser developed countries. D) Expensive cars are not considered as scarce. Show Answer Correct Answer: A) Scarcity requires people to make choices. 3. Vince's gross monthly pay is $ 2, 150. Vince pays 6% of his monthly salary for Social Security. How much does he pay each month? A) $ 100.00. B) $ 65.00. C) $ 1.29. D) $ 129.00. Show Answer Correct Answer: D) $ 129.00. 4. The pizza store is having a 30 % off sale on all of its pizzas. If the pizza you want regularly costs $ 14, how much would you save with the discount? A) $ 9.80. B) $ 4.20. C) $ 18.20. D) $ 4.00. Show Answer Correct Answer: B) $ 4.20. 5. What is the price of an $ 80 duvet after a 15% off promotion is applied? A) $ 79.85. B) $ 68.00. C) $ 65.00. D) $ 12.00. Show Answer Correct Answer: B) $ 68.00. 6. Financial incentives refer to incentives which are in direct monetary form or measurable in monetary term and serve to ..... people for better performance. A) Demotivate. B) Link. C) Help. D) Motivate. Show Answer Correct Answer: D) Motivate. 7. "The additional satisfaction or usefulness obtained from acquiring one more unit of a product or service." A) Intrinsic Incentive. B) Marginal Utility. C) Diminishing Marginal Utility. D) Extrinsic Incentive. Show Answer Correct Answer: B) Marginal Utility. 8. Rebate on a $ 749.95 gas range. What is the discounted price? A) $ 567.89. B) $ 22498.50. C) $ 524.96. D) $ 698.27. Show Answer Correct Answer: C) $ 524.96. 9. Even when times are tough for Caitlin's business venture, she tends to remain positive-she looks at the glass as half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting? A) Organization. B) Optimism. C) Innovation. D) Determination. Show Answer Correct Answer: B) Optimism. 10. What is the final price if you have a $ 40 coupon for a $ 239.99 watch? A) $ 279.99. B) $ 95.60. C) $ 104.39. D) $ 199.99. Show Answer Correct Answer: D) $ 199.99. 11. What does the "P" in the PACED Decision-Making Process stand for? A) Implement the program. B) Identify the problem. C) Identify the procedures. D) Make a plan. Show Answer Correct Answer: B) Identify the problem. 12. A sum of money deposited into an account that is expected to provide some future benefit, usually involving some level of risk A) Investments. B) Income. C) Billy Bob Jenkin's Car. D) Mixed Expense. Show Answer Correct Answer: A) Investments. 13. Ronny bought a new pair of sunglasses that are regularly priced at $ 22.99. The store discounted the sunglasses by $ 5. How much did he pay for the sunglasses after the discount? A) $ 17.99. B) $ 16.99. C) $ 17.90. D) $ 16.90. Show Answer Correct Answer: A) $ 17.99. 14. Money received for work or through investments A) Expenses. B) Red Rooster. C) Income. D) Jake th Peg's Extra Leg. Show Answer Correct Answer: C) Income. 15. Financial incentives are? A) Participation profit. B) Additional bonus. C) Insurance. D) All of the above. Show Answer Correct Answer: D) All of the above. 16. ..... network of institutions, markets, and contracts that bring lenders and borrowers together A) Financial system. B) Banks. C) Private Enterprise. D) None of above. Show Answer Correct Answer: A) Financial system. 17. What are UTILs? A) A hypothetical unit of measurement often used to quantify the level of utility. B) Annual awards given for the most important breakthroughs and concepts in Economics. C) Units that consumers are charged for use of water or electricity. D) None of above. Show Answer Correct Answer: A) A hypothetical unit of measurement often used to quantify the level of utility. 18. Which was an immediate result of the European Age of Exploration? A) Christianity became the religion of West Africa. B) European nations began a policy of isolationism. C) European influence spread to the Western Hemisphere. D) The population of Native Americans increased. Show Answer Correct Answer: C) European influence spread to the Western Hemisphere. 19. ..... study of how people (including companies/countries) make choices on buying, selling, using, and distributing goods/services. A) Economics. B) Consumer Science. C) Opportunity Costs. D) None of above. Show Answer Correct Answer: A) Economics. 20. Sam bought an $ 85.00 jacket for 40% off of the regular price. How much did he pay for the jacket? A) 75. B) 51. C) 36. D) Isaiah. Show Answer Correct Answer: B) 51. ← PreviousNext →Related QuizzesIncentives QuizzesIncentives Quiz 1Incentives Quiz 2Incentives Quiz 3Incentives Quiz 4Incentives Quiz 5Incentives Quiz 7Incentives Quiz 8Incentives Quiz 9Incentives Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books