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Introduction to Personal Finance

Authored by Laura Chabarria

Business

10th - 12th Grade

12 Questions

CCSS covered

Used 40K+ times

Introduction to Personal Finance
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A period of temporary economic decline during which trade and industrial activity are reduced; generally identified by a fall in gross domestic product (GDP)

recession

failure

crash

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person or business that offers loans at extremely high interest rates

entrepreneur

loan shark

creditor

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc.

Personal finance

Economy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person or organization that uses a product or service

consumer

borrower

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

bills

interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system by which goods and services are produced and distributed

economy

liabilities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

bank fee

loan

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