Unit 11 Ga Studies

Unit 11 Ga Studies

8th Grade

19 Qs

quiz-placeholder

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Unit 11 Ga Studies

Unit 11 Ga Studies

Assessment

Quiz

History

8th Grade

Practice Problem

Medium

Created by

Laura Hollifield

Used 286+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In order for an individual to be able to cover all living expenses, which of the following must exceed spending?

savings

interest

income

credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Placing money aside for a use in a later time is called

saving

spending

loaning

borrowing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When looking to purchase a home in the future, it is a good idea to

increase short term spending

take out a student loan

place money into savings

apply for a new credit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit cards, home mortgages, and auto loans all charge the consumer what when used?

interest

income

profit

credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When setting up a personal budget, besides income, which is the NEXT most important thing to consider?

savings

profit

expenses

interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The annual salary one is paid for doing a job or providing a service is called one's

profit

interest

savings

income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who creates, organizes, and manages a business is called

a profit

a saver

a stock market broker

an entrepreneur

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