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Financial Literacy

Authored by Jon Wilburn

Life Skills

9th - 11th Grade

Used 16+ times

Financial Literacy
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Are not-for-profit financial institutions run to benefit a specific group of people.

Banks

FICA

Credit Unions

HOA

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Measures the changes over time of the cost and goods/services within the different states of America.

Consumer Price Index (CPI)

Cost of Living

Standard of Living

NA

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This tax provides medical insurance to U.S. citizens 65 or older and some others with certain disabilities.

FICA

Medicaid

Medicare

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Income tax that provides the state government with its main source of revenue

Federal income tax

State income tax

Unemployment tax

Property Tax

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This reflects how likely individuals are to pay their debts.

W4

1099

Credit Score

FICA

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Document which tells and employer how much pay to withhold for tax purposes in the future

W1

W2

W4

1099

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This document shows the amount of money reported to the federal and state governments by you on your tax forms. Includes salaries and wages.

W3

W2

W4

1099

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