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Finance- Spending 1

Authored by James Gilman

Business

10th - 12th Grade

Used 1+ times

Finance- Spending 1
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29 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of borrowed money, usually expressed as a percentage.

interest
savings plan
scarce
purchase

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Labor is generally paid

In company stock

Salary or Wages

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Once you are "out on your own", which budget item will most likely take up the largest percentage of your income at 25-30%?

saving

housing

phone bill

Dunkin'

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of income?

Charging a lunch you will pay tomorrow

Buying an ice cream at lunch today

Money you get for working a job

Trading supplies with a friend

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is investment?

money spent on something with the goal of making more money

money spent on other things

money spent on saved products

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paying for something with money that is borrowed and must be paid back, usually with interest

credit

income

resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When planning a simple budget, what items would you recommend including?

Income

Variable Expenses

Saving

Fixed Expenses

All of the above

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