Foundations Digital:  Chapter 2 Savings Review

Foundations Digital: Chapter 2 Savings Review

9th - 12th Grade

36 Qs

quiz-placeholder

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Foundations Digital:  Chapter 2 Savings Review

Foundations Digital: Chapter 2 Savings Review

Assessment

Quiz

Social Studies, Life Skills, Other

9th - 12th Grade

Medium

Created by

Eve-Nicole Cleary

Used 8+ times

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36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Compares after-tax income to the money people spend on a variety of items.

Interest Rate

Savings Rate

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The persistent rise in the cost of goods and services.

Inflation

Deflation

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following is a reason that people donʹt save money? -Check ALL that APPLY

They lack discipline

They do not live on a budget

They lack focus

None of the above

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When it comes to saving money, the amount you save is determined by how much you have left at the end of the month once all of your spending is done.

True

False

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

At your age, a fully funded emergency fund should be:

$100

$1000

$500

$5,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first thing you should save for is your retirement fund.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another name for the five steps to financial success, is...?

Five Foundations

Five Money Myths

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