Financial Literacy Exam Review
Quiz
•
Other
•
9th - 12th Grade
•
Medium
Used 30+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a durable good?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following correctly describes market forces based on the information below? When ___________________________ goes up, ____________________ goes down.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saving up for retirement is an example of:
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Using the ALOE formula and the information below, what is Christopher's net worth (owner's equity)? Christopher has $5000 in savings and an $8000 car. He also has a loan for $5600 and owes $900 on his credit card.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A series of equal annual deposits into a bank account is called a(n) ______________________.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money left over on an income statement or budget is known as a ________________________, while a shortage of money is known as a ________________________.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you make a mistake while writing a check, what should you do?
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