Financial Literacy vocab

money earned or received

• Expenses
• Income
• Deductions
• Check

Tags

CCSS.6.NS.C.5

Money paid to the government

• Budget
• Fees
• Taxes
• Food stamps

Tags

CCSS.7.RP.A.3

Something that you pay is called....

• income
• an expense
• a profit
• savings

Farmers in California have had wonderful weather. They have produced the largest crop of watermelons in years. What will happen to the price of watermelons?

• The price will go up.
• The price will go down.

Cold weather in Florida has damaged this year’s orange crop. Farmers have only half of the usual amount of oranges to sell. What will happen to the price of oranges?

• The price will go up.
• The price will go down.

Sally goes to the bank. She puts her babysitting money in her account. Sally has made a

• Deposit

• Withdrawal

Tags

CCSS.7.NS.A.1D

Dennis goes to the bank and takes money out of his account. Dennis has made a

• Deposit

• Withdrawal

Tags

CCSS.6.NS.B.3