Financial Literacy Quiz

Money paid to the government in exchange for services such as road maintenance and police protection 

• Taxes
• Check
• Income
• Toll 

When expenses equal income

• Check 
• Debt
• Gross income
• Balanced Budget

Tags

CCSS.6.NS.C.5

Is based on the amount of money you earn or your income 

• Sales Tax
• Pay
• Income tax
• Property Tax

Amount of money you earn 

• Taxes
• Income
• Payroll Tax
• Credit

An identification card issued by a bank that allows a user to immediately use money from an account. 

• Credit Card
• Debit Card
• Check 
• Drivers Licence 

The total tax an employer withholds

• Sales Tax
• Property Tax
• Payroll Tax
• Net Income

An identification card issued by a bank that allows a user to buy items and services immediately and pay the cost at a later time. 

• Debit Card 
• Credit Card
• Check 
• Loan

Is a written order asking a bank to pay a certain amount from your account. 

• Bank note
• Cash
• Check
• Loan

The money added to the cost of items and services, and is usually payed when an item is purchased. 

• Income Tax
• Interest 
• Proper Tax
• Sales Tax

Tags

CCSS.6.RP.A.3B

The amount of your income that is left after taxes are taken out.

• Gross income
• Net income
• Income
• Pay Check