1) A ____ is an initial sum of money paid when purchasing property, often required before securing a mortgage. a) down payment b) trust fund c) interest rates 2) A person who guarantees a loan or rental agreement is called a ___ a) beneficiary b) guarantor 3) Someone who is wealthy or financially comfortable is described as ___ a) affluent b) frugal 4) The overall amount of money needed for essentials like housing, food, and healthcare is called ___ a) disposable income b) cost of living 5) When wages remain the same despite rising inflation and living costs, it is called ___ a) wage stagnation b) wealth redistribution 6) The percentage charged on borrowed money, which affects loan affordability, is known as ___ a) net worth b) tax bracket c) interest rates 7) When people feel frustration about differences in wealth between social classes, it is called __ a) financial literacy b) class resentment 8) Joe Biden got slammed for releasing almost 2 trillion into the economy over a couple years and causing inflation. a) he received praise for their actions b) he faced strong criticism or backlash 9) Which situation best describes someone getting slammed? a) A celebrity receives harsh comments online after making a controversial statement b) A student gets a scholarship for academic excellence

Sugar daddies and mommies

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