Applied Education Online Quiz #2

Applied Education Online Quiz #2

9th Grade

29 Qs

quiz-placeholder

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Applied Education Online Quiz #2

Applied Education Online Quiz #2

Assessment

Quiz

Life Skills

9th Grade

Medium

CCSS
RI.9-10.4, 7.EE.B.3, RI.11-12.3

+7

Standards-aligned

Created by

Ellie Cairns

Used 2+ times

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29 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.A plan for future spending and saving, weighing estimated income against estimated Expenses.

Gross Income

Debt

Expense

Budget

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount of money paid to an employee at a specified rate per hour worked. If you work more hours, you will be paid more.

Wage

Salary

Gross Pay

Net Pay

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that are nice to have, but not necessary for survival

Needs

Wants

Opportunity Cost

Fixed Expense

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is an annual salary?

What you are paid each month
What you earn over the course of a year.

Tags

CCSS.7.EE.B.3

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is an annual salary?

What you are paid each month
What you earn over the course of a year.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which type of cost occurs when an individual pays for a piano lesson instead of going to a movie?

fixed cost

marginal cost

residual cost

opportunity cost

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In economics, the value of the next best alternative is called _________.

Scarcity
Productivity
Opprotunity Cost
Supply and Demand

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