Unit 8 Financial Literacy Review

What is paying for something with money that you borrow and must pay back, usually with interest? 

• Income
• Credit
• Interest 
• Lend 

Tags

CCSS.RF.2.3C

CCSS.RF.2.3F

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

To give money/items as a gift or a way to help

• Donate

• Purchase

• Labor

Tags

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.RI.2.4

CCSS.RL.3.4

CCSS.RL.4.4

Which of the following is a planned spending decision?

• buying a toy last minute because your friend told you to

• Saving your allowance for 6 weeks to buy a new bike

• Buying a piece of candy while standing in line at the grocery store

Tags

CCSS.3.OA.D.9

Which services is a bank likely to offer?

• balance

• savings account

• online banking

• net deposit

If the demand of a product drops, you would expect the price of the product to...

• rise
• stay the same
• go up
• decrease

Millions of people see a famous sports star drinking apple juice on television. The fans think apple juice helps make the athlete strong. What will happen to the price of apple juice?

• The price will go up.
• The price will go down.

Tags

CCSS.6.EE.B.6

Karime is planning a vacation trip to Mexico. He plans to save $100 per month. Which of these explains the vacation trip?

Karime esta planificando un viaje a Mexico. El planea ahorrar $100 al mes. Cual de estos explica el viaje?

• Planned Spending/

  Gasto planificado

• Unplanned Spending/

  Gasto NO planificado

Jonathan's pet got sick. He took his cat to the vet and spend $100 on medicine. Which of these explains the cat's medicine?

El gato de Jonathan se enfermó. Tuvo que llevarlo al veterinario y pago $100 en medicina. Cual de estos explica la medicina del gato?

• Planned Spending/

  Gasto Planificado

• Unplanned Spending/

  Gasto NO planificado

Which of the following usually causes income from a job to be higher?

• the job has a title
• more education is required for the job
• people must be interviewed for the job
• an ad for the job was placed on the internet

Tags

CCSS.RI.4.1

CCSS.RI.5.1

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.6.1

A company that builds houses pays each carpenter for the work he or she does.  Which factor would NOT affect the amount of money the carpenter gets paid?

• the special skills the carpenter has
• the kind of car the carpenter drives
• the years of experience the carpenter has
• the number of hours the carpenter works

Tags

CCSS.7.EE.A.2

CCSS.HSA.SSE.A.2