Personal Finance

Large supply of goods+Low demand for product = 

• Price Goes Up
• Price Goes Down
• Price Stays the Same

Which of the following words is not related to economy?

• Production
• Buying and Selling Things
• Court System
• Money

Small supply of goods+high demand for product=

• Prices Goes Up
• Price Goes Down
• Price Stays the Same

The process of projecting, organizing, monitoring, and controlling future income and expenses is known as ..........

• Government
• Geography
• Judicial Branch
• Personal Finance

Everyone makes choices about how to manage his or her money/income from a job. This is also known as what?

• Personal Finance
• Government
• Civics
• Geography

Tags

CCSS.RI.4.5

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

Medium of exchange used to buy goods and services.

• Credit
• Investing
• Saving
• Money

What is not an example of money?

• Currency
• Debit Cards
• Credit
• Checks

Money that you make from your job is known as what?

• Income
• Credit
• Supply
• Demand

•When you _________your income, you are trading your money in exchange for goods or services.

• Save
• Spend

Saving-spending plan that is based on a person’s income and estimated expenses

• Invest
• Credit
• Budget