5.10E

What is an example of an expense?

• Babysitting
• Mowing the lawn
• Buying a new shirt

Tags

CCSS.6.EE.A.1

What is an example of an income?

• Purchasing a new bike
• Buying new clothes
• Mowing the lawn for money

Tags

CCSS.7.EE.A.1

What is a balanced budget?

• The income is more than the expenses.
• The income is less than the expenses.
• The income matches the expenses.

Tags

CCSS.6.EE.A.1

What are the ways you spend your money called? 

• Income
• Expenses
• Deficit
• Balance

Tags

CCSS.3.OA.D.9

What is the purpose of creating a budget ?

• To make more money
• To spend more money
• To save your money

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

As part of his budget, a business owner puts aside $3,000 every week for employee salaries. He currently has 10 employees and pays them each $400 per week. What does he need to do to help keep the salaries he pays each week at a total of $3,000?

• He needs to increase the total amount of money he pays each employee by $100 per week.

• He needs to increase the total amount of money he pays each employee by $50 per week.

• He needs to decrease the total amount of money he pays each employee by $50 per week.

• He needs to decrease the total amount of money he pays each employee by $100 per week.

Tags

CCSS.6.RP.A.3B

This month Mando’s expenses are greater than his income. What are two actions Mando can take in order to balance his budget?

• Increase expenses and decrease income

• Decrease expenses and decrease income

• Decrease expenses and increase income

• Increase expenses and increase income

Tags

CCSS.6.NS.C.7C