Economics & Personal Finance

Economics & Personal Finance

Assessment

Flashcard

Other

9th - 12th Grade

Hard

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10 questions

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1.

FLASHCARD QUESTION

Front

A legal document used when renting an apartment is called:

Back

Lease

2.

FLASHCARD QUESTION

Front

Form to note the amount of federal income tax to be deducted from salary and allowances claimed.

Back

W-4

3.

FLASHCARD QUESTION

Front

Which federal agency protects deposits in commercial banks? Options: FDIC, IRS, DEA, EPA

Back

FDIC

4.

FLASHCARD QUESTION

Front

To avoid becoming financially overextended, individuals and families should make use of a: Timeline, Credit Card, Checking Account, Budget

Back

Budget

5.

FLASHCARD QUESTION

Front

A system to make financial loss more affordable by transferring it from individuals to large groups is called:

Back

Insurance

6.

FLASHCARD QUESTION

Front

In economic terms, which of the following are examples of resources: Human, Natural, Capital, Stocks, Credit, Cash, Savings, Time, Energy, All of the above

Back

Human, Natural, Capital

7.

FLASHCARD QUESTION

Front

Reduction in a car's value due to age and wear-and-tear is known as:

Back

Depreciation

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