Financial Literacy Unit 2 Test Review

Financial Literacy Unit 2 Test Review

8th Grade

25 Qs

quiz-placeholder

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Financial Literacy Unit 2 Test Review

Financial Literacy Unit 2 Test Review

Assessment

Quiz

Social Studies

8th Grade

Medium

Created by

Barry Beshel

Used 60+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A _____ is usually associated with a 10-20% INCREASE in the stock market over a two month period.

Ichthyosaurus

Shankopotamus

Bear

Bull

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A _____ is usually associated with a 10-20% DECREASE in the stock market over a two month period.

Ichthyosaurus

Shankopotamus

Bear

Bull

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is NOT one of the 3 major U.S. stock exchanges?

NYSE

DOW

NASDAQ

AMEX

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A(n) _____ is a plan for spending money.

APR

GDP

Budget

Capital

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A(n) _____ is an expense that changes from month to month.

Annotated Expense

Variable Expense

Regulated Expense

Fixed Expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An expense that stays the same from month to month is known as a _____.

Regulated Expense

Variable Expense

Fixed Expense

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

One disadvantage of a certificate of deposit is ______.

it has a low interest rate compared to a savings account

it has a lot of risk

it has a penalty for early withdrawal

it pays a high dividend

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