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Budgeting Quiz

Authored by Brendon Rager

Social Studies

8th Grade

Used 1+ times

Budgeting Quiz
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14 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The amount you earn as profit based on your deposited amount.

Interest Rate

Emergency Fund

Share

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Certificates of Deposit typically have a lower interest rate than a savings account.

True

False

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select the option(s) that are not connected to the stock market.

Index Funds

Government Bonds

Mutual Funds

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is an advantage of renting a house over buying, based on our 'Game of Life'?

Renters had to pay for less unexpected costs than homeowners

Renters may have to pay an activity or parking fee

Renters have less input on what they can or cannot do with the property

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which was an optional cost for the 'Game of Life'?

a Netflix subscription

Electricity

Water/Sewage

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Money set aside for unexpected expenses or loss of income

Mutual Fund

Share

Emergency Fund

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following was not one of the seven ways you could invest in "Build Your Stax"?

Savings Account

Individual Stocks

Social Security

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