3.9E

Identify the Wants

• Video Games

• Coca-Cola

• Jacket for Winter

• Ice Cream

Identify the Needs

• Water

• Clothes

• Food

• Movies

Angelee has 46 cents. She wants to buy a marker that costs 72 cents. How much money does she need to BORROW?

• 26 cents

• 36 cents

• 34 cents

What does it mean to pay money back with "interest"?

• You get to keep all the money
• You have to pay back the money PLUS an additional amount
• You have to pay back ONLY the amount you borrowed
• You have to pay back SOME of the money you borrowed

Jack wanted to make money so that he could buy a set of crayons. He swept the kitchen floor and cleaned the windows in his house. His mom gave him $5 for doing extra chores. What did Jack do with money?

• save

• spend

• earn

• lend

Dmitri has $42. He spends $15 on supplies. He makes a Pop-It. Adeline has $35 and buys the Pop-It for $20.

Who is the PRODUCER?

• Dmitri

• Adeline

_________ is the money that is earned for the person that did the _________ .

• rent, cleaning

• interest, labor

• bills, purchase

• income, labor

Riley gets 2 dimes and 1 nickel each week for 3 weeks. He spends $0.20 and saves the rest. How much money does he have now?

• $0.55

• $0.40

• $0.65

• $0.60

As good and services become scarce, what happens to the price?

• It remains the same

• The price increases

• The price decreases

• It's free!

Which answer choice is not an example of human capital?

• Bank

• Education

• Skills

• Experience