Economics & Personal Finance

Economics & Personal Finance

Assessment

Flashcard

Other

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

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10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

A legal document used when renting an apartment is called: Receipt, Estimate, Lease, Ticket

Back

Lease

2.

FLASHCARD QUESTION

Front

What is the form you fill out to note the amount of federal income tax you want deducted from your salary and allowances you are claiming? Options: W-2, W-4, W-6, M-2

Back

W-4

3.

FLASHCARD QUESTION

Front

Which federal agency protects deposits in commercial banks?

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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