Money Matters - FINAL EXAM
Other
9th - 12th Grade
Used 37+ times
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95 questions
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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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