Standard 1: Earning an Income

Standard 1: Earning an Income

9th - 12th Grade

35 Qs

quiz-placeholder

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Standard 1: Earning an Income

Standard 1: Earning an Income

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

CCSS
6.NS.B.3

Standards-aligned

Created by

Cami Schiffner

Used 35+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the opportunity cost of dropping out of school?

Having interesting hobbies
Higher future income
Lower future income
A wider choice of jobs

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following statements would NOT be considered human capital?

The amount of money people have when they start a new job.

The health, strength, education, training, and skills people bring to their jobs.

The education a person obtains for their job.

The time available to complete the job.

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is NOT a required payroll deduction?

FICA
State income tax
Federal income tax
Health insurance

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following are subtracted from your gross pay?

Federal income tax, insurance, and sales tax
Social Security, Medicare contributions, and property tax
Federal and State income taxes
Federal income tax, social security and sales tax

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following do many employers offer as benefits to employees?

Health insurance
Employee leave
Retirement plans
All of the above

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

John Smith has a gross income of $4295.00 and $644.25 in deductions. How much would John’s paycheck be this month?

4295
4939.25
3650.75
644.25

Tags

CCSS.6.NS.B.3

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A goal may be all of the following EXCEPT?

variable term
medium term
short term
long term

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