Classroom - First Half - FINAL - Financial Literacy

Classroom - First Half - FINAL - Financial Literacy

Assessment

Flashcard

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Financial Education

12th Grade

Hard

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43 questions

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1.

FLASHCARD QUESTION

Front

Which of these are ways to invest money for your retirement: IRA, Savings Account, Emergency Fund, All of these, None of these

Back

IRA

2.

FLASHCARD QUESTION

Front

If you want your money to make money for you, you need to _____

Back

Invest

3.

FLASHCARD QUESTION

Front

Which of these is the best measurement of wealth: Income, Expenses, Assets, Liabilities, Net Worth

Back

Net Worth

4.

FLASHCARD QUESTION

Front

The biggest reason we have so many millionaires in America is because: Millionaires put their investment money in savings accounts, Millionaires inherit most of their money, Millionaires put their investment money in expensive cars and boats and houses, Millionaires put their investment money in Treasury Bonds, Millionaires put their investment money in the stock market

Back

Millionaires put their investment money in the stock market

5.

FLASHCARD QUESTION

Front

More than half of all millionaires inherited their money. True or False

Back

False

6.

FLASHCARD QUESTION

Front

A college graduate earns almost double the annual income of a high school graduate. True or False

Back

True

7.

FLASHCARD QUESTION

Front

True or False: If you want a degree from a four-year college, you can't start at a two year college.

Back

False

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