Financial Studies Quiz 1

A person who creates and manages a business.

• withdrawl

• economy

• entrepreneur

• teller

The money a person pays when they borrow money from a bank.

• budget

• interest

• revenue

• withdrawl

A PLAN of how much money can be spent and how.

• tax

• customer

• teller

• budget

Money RECEIVED from selling goods or services.

• loan

• economy

• revenue

• budget

Additional money given to someone who performs a service.

• profit

• tip

• deposit

• expense

When you use money to make more money.

• invest

• need

• borrow

• surplus

Check the 3 words that are types of INVESTMENTS:

• bonds

• real estate

• stocks

• loans

Money taken out of the bank.

• withdrawl

• borrow

• loan

• deposit

Money you earn is called

• interest

• income

• entrepreneur

• surplus

An example of a FIXED monthly EXPENSE

• eating in restaurants

• clothing and footwear

• mortgage payment or rent

• vacation and travelling expenses