Unit Three Lesson Eight Economics

Unit Three Lesson Eight Economics

12th Grade

20 Qs

quiz-placeholder

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Unit Three Lesson Eight Economics

Unit Three Lesson Eight Economics

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

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Mr Brunn

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Anything owned to which a market value can be assigned

Saving

Banking

Assets

Stocks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A business whose main purpose is to receive deposits and make loans

Loan store

Financial Advisor

Best Buy

Bank

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A card authorizing the user to buy goods and services with funds borrowed from the bank

Credit card

Gift card

Debit card

Checking card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A card authorizing the user to access his or her own funds on deposit in a bank account

Debit card

Checking card

Credit card

Cash card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A method of lowering risk by investing in a wide variety of financial assets

Cash switching

Debit consolation

Money laundering

Diversification

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A periodic payment for the use of borrowed funds; interest is paid on a loan

Principal

Interest

Percentage rate

Savings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Using money with the intention of making a financial gain

Investing

Saving

Spending

Diversification

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