
Financial Decision Making Factors
Authored by Bianca Parker
Specialty
6th - 8th Grade
Used 7+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following defines frugal?
An unplanned, spontaneous purchase
Not being wasteful
Awareness of one’s environment
The ability to hold back one’s actions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: the ability to hold back one’s actions
Restraint
Frugal
Peer Pressure
Tithe
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Definition: an unplanned, spontaneous purchase
Sale
Self-control
Trade-off
Impulse Buying
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Peer pressure is also known as __________.
Civic consciousness
Work ethic
The bandwagon effect
Restraint
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The fact Americans make different financial decisions than Europeans is due to
which of the following?
Social influence
Work ethic
Emotional influence
Cultural influence
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Trade-off is an exchange of one thing for another, especially giving up one benefit or advantage for another which is more desirable
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Opportunity cost is the cost of an item in terms of other opportunities which were given up.
True
False
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