Credit Debt/Antitrust Review

Credit Debt/Antitrust Review

9th - 12th Grade

22 Qs

quiz-placeholder

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Credit Debt/Antitrust Review

Credit Debt/Antitrust Review

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Joshua Pieper

Used 4+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit means you ________now and ________ it back later.

Borrow, Pay

Pay, Borrow

Pay, Pay

Borrow, Borrow

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is debt?

Money that is spent

Money that is owed because of borrowing

Money that you lend to others

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can you go to college and not get a student loan?

Scholarships

Grants

Scholarships and Grants and go to a Work Study Program

Get good grades

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mortgage?

Car loan

business loan

Home loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The credit company can charge interest if the credit card bill is not paid in full by the due date.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The least amount that must be paid on a credit card each month is

Minimum Payment
Late Fee
Credit Limit
money time

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a cardholder avoid paying interest on a credit card?

Pay the balance in full every month
Pay the minimum payment after its due date
Do not pay anything
Pay the minimum balance every month

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