Money Matters - FINAL EXAM

Money Matters - FINAL EXAM

9th - 12th Grade

95 Qs

quiz-placeholder

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Money Matters - FINAL EXAM

Money Matters - FINAL EXAM

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Medium

Used 34+ times

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95 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person or organization that buys/uses goods or services

Consumer
Economy
Interest
Creditor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The knowledge and skillset necessary to be an informed consumer and manage finances effectively

Consumer
Economy
Financial Literacy
Creditor

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The granting of a loan and the creation of a debt: any form of deferred payment

Consumer
Economy
Financial Literacy
Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debt evidenced by a “note,” which specifies the principal amount, interest rate and the date of repayment

Loan
Economy
Financial Literacy
Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An obligation of repayment owed by one party (debtor/borrower) to a second party (creditor/lender)

Loan
Economy
Debt
Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fee paid by a borrower to the lender for the use of borrowed money

Loan
Interest
Debt
Credit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fee paid by a borrower to the lender for the use of borrowed money

Loan
Interest
Debt
Credit

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