Money & Business

Money & Business

4th Grade

10 Qs

quiz-placeholder

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Money & Business

Money & Business

Assessment

Quiz

Social Studies

4th Grade

Hard

Created by

Jolie Kannady

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which scenario illustrates people engaged in bartering?

Julia teaches Brad how to fix a bike in exchange for five of Brad’s apples.

Ryan buys a loaf of bread from the store, but it cost him more than it did a year ago.

Elliot gives Jude a few extra oranges.

Amy uses her artistic skill to make the most beautiful scarf.

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which images show a type of currency?

Check all that are true.

Media Image
Media Image
Media Image
Media Image

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT a good trait of currency?

portable

accepted

durable

mendable

divisible

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which chart shows inflation happening?

Check all that are true.

Media Image
Media Image
Media Image
Media Image
Media Image

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation happens when the value of currency declines. This causes the price of goods and services to rise. What must happen in order for workers to be able to afford the same things they used to be able to buy?

Wages for workers must also increase.

Stores must put fewer products on sale.

Wages for workers must also decrease.

Stores must put more products on sale.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Determine this business’s profit for the month of October.

$250

$575

$6,350

$6,925

The business did not make a profit this month.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are a business's profit and income related?

Profit is a business’s income over a set period of time.

Income is a business’s profit over a set time period.

Income is a business’s total costs over a set period of time, while profit is the business’s total sales.

Income is a business’s total sales over a set period of time, while profit is the business’s total costs.

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