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Social Studies

12th Grade

CCSS covered

Used 2+ times

Personal Financial Literacy
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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money you receive after taxes is called:

gross income
net income
salary
pay day

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money you receive before taxes is called:

gross income
net income
pay day
bank loan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Expenses that change from month to month are called:

fixed expenses (bills, loans, etc)
variable expenses (emergency costs, vacations, car repairs, etc)
stable pricing
irrational pricing

Tags

CCSS.3.OA.D.9

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Long term savings goals would include...

vacation
new phone
buying a house
car

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you own a house, what type of tax do you pay on it?

income tax
sales tax
property tax
payroll tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of tax do you pay for Cheetos and soda?

income tax
sales tax
property tax
payroll tax

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of tax do you pay once a year on any money you've earned (job, lottery, etc)?

payroll tax
income tax
sales tax
property tax

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