Title: QUIZ: Smart Phones and Budget Changes -- Page One Economics®
Course: Kelly's Copy and Export Course > Section: Smart Phones and Budget Changes -- Page One Economics®

Q: Spending on cell phone service from 2007 to 2014
- increased in younger age groups and decreased in older age groups.
- increased among all age groups.
- decreased by a small percentage.
- decreased because of more features and added technology.
A: increased among all age groups.

Q: On average, which age group spent the most on cellular phone service spending in 2014?
- 75 years and older
- under 25 years
- between 25 and 34 years old
- between 35 and 44 years old
A: between 35 and 44 years old

Q: Telephone expenditures have become part of household budgets because
- more than 90 percent of Americans use a budget.
- telephones are now accepted as necessities.
- government programs do not support telephone services.
- food expenses have increased.
A: telephones are now accepted as necessities.

Q: On average, people in 1950 spent
- the same percentage of their disposable income on food as people did in 1960.
- a smaller percentage of their disposable income on food than people did in 1970.
- a greater percentage of their disposable income on food than people did in 2014.
- the same percentage of their disposable income on food as people did in 2000.
A: a greater percentage of their disposable income on food than people did in 2014.

Q: Government programs that support phone usage
- provide free cell phones to all American consumers.
- require consumers who are eligible for free cell phones to use the same cell phone company.
- first began in 1973 because of the cell phone revolution.
- were first started to help people with the cost of a landline phone.
A: were first started to help people with the cost of a landline phone.

Q: The percentage of smartphone ownership in the United States
- is the same among all education levels of consumers.
- increases as the level of education increases.
- increases as the level of education decreases.
- is not affected by the level of education.
A: increases as the level of education increases.

Q: The smartphone
- was originally designed as the first of wireless phones.
- is a tool that can increase productivity.
- is helpful to only high-income earners.
- was considered a necessity in the 1970s.
A: is a tool that can increase productivity.

Q: It is important to make regular adjustments to a household budget because
- the percentage of per capita disposable income spent on food increases each year.
- consumer spending patterns remain the same over the years
- adapting to shifts in spending patterns is a step toward financial success.
- reports show fewer than half of Americans use a budget.
A: adapting to shifts in spending patterns is a step toward financial success.

Q: Since 2007, the average annual expenditures on residential phone services (landlines) have
- decreased each year.
- increased in all years except 2011, which showed a decrease.
- remained equal to the amount spent on cellular service.
- been greater than the amount spent on cellular service.
A: decreased each year.

Q: A budget is a plan that addresses a time period and
- will probably not need adjustments since the smartphone has already been invented.
- will be the same in 1950 and as it is in the current year.
- is helpful to only high-income earners.
- helps to balance income, spending, and saving.
A: helps to balance income, spending, and saving.