Financial Literacy Final Exam

Front

Which of these is not a function of money?

Back

A way to make trade more difficult

Front

Bartering

Back

The exchange of goods between two people

Front

Which of these is a want and not a need? Shelter, Health care, A baseball cap, Food

Back

A baseball cap

Front

Which of these is a form of earning? Wages, Theft, A lottery win, An inheritance

Back

Wages

Front

Of the following life goals, which is typically the most expensive?

• Paying for college tuition
• Raising a child
• Owning your own home
• Saving for retirement

Back

Raising a child

Front

Which would be considered an unanticipated life expense?

Back

Managing a long-term illness

Front

What might be found at the U.S. Department of Labor website?

Back

Career resources

Front

Which of these is a true statement?

Back

Personal ambitions and goals need to align with the financial prospects of a chosen career.

Front

Which of the following is true of college?

Back

College may help you fulfill your personal and career goals.

Front

What is one difference between a Bachelor’s degree and an Associate’s degree?

Back

A Bachelor’s degree requires more time and credits