Generic products are less expensive versions of brand-name items. Usually they are made with the same ingredients, and typically by the same manufacturers, as the more expensive products they're duplicating. How much do you know about buying generic?
The allergy medication Claritin, which contains 10 milligrams of the active ingredient loratadine, sells in a 30-pill bottle for just under $20. How much would you expect to pay for Walmart's identical store brand version?
about the same: between $15 and $20
between $10 and $15
less than $5
In a Consumer Reports survey, how many respondents believed that name-brand foods are more nutritious?
In a taste test, Publix store-brand orange juice was compared with national brand Tropicana, which costs 50 cents more per carton. Which brand came out on top?
Publix was the favorite.
Tropicana was the favorite.
The contest was a tie.
In a 2010 price study by Consumer Reports, how much money was saved, on average, by shopping for store brands over national name brands?
an average of 52 percent
an average of 30 percent
an average of 18 percent
Sometimes store brands reformulate the recipes of the higher-priced versions they're copying. Between national brand Mott's and the store brand for the Publix grocery chain, whose applesauce contains more sugar per serving?
Neither. Both contain the same ingredients, including sugars.
Publix. They have to compete somehow!
Mott's. They can afford to splurge on ingredients.
In a Consumer Reports taste test, Walmart's Great Value brand potato chips tied for quality with the national brand Lays. Lays potato chips retail for 29 cents per serving. How much do Walmart's chips cost per serving?
25 cents per serving
15 cents per serving
19 cents per serving
According to Consumer Reports Money Adviser, how much will the average family of four spend at the grocery store in 2010?
Generic pain relievers must contain the same dosage and amount of active ingredient as the brand name products they're duplicating. How well do they need to work, in comparison?
A generic pain reliever must legally have an efficacy rate within 50 percent of the name brand.
A generic pain reliever must legally have the same efficacy rate as the name brand.
A generic pain reliever must legally have an efficacy rate within 20 percent of the name brand.
Kellogg's Froot Loops is the name-brand version of a cereal Stop & Shop calls Fruit Swirls. Which of them contains more dietary fiber per serving?
Stop & Shop Fruit Swirls, with 4 grams of fiber per serving
Kellogg's Froot Loops, with 3 grams of fiber per serving
Both versions of the cereal contain the same amount of dietary fiber.
Store-brand sales hit an all-time record in 2009, at over $55 billion. However, it was a bad year for spending generally. How much overall did consumer spending drop in 2009's fourth quarter?