
Unit 11 Ga Studies
Authored by Laura Hollifield
History
8th Grade
Used 286+ times

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19 questions
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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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