spending 1
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Amelia Ohren
Used 2+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Physical items we can touch, handle or see and are usually bought and/or sold.
goods
services
market
consumption
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
People who use goods and services.
spending
employee
consumers
cash
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Plastic cards are issued by banks or credit card companies, used to make purchase and then the buyer pays the bank or credit card company at a later date, for example when the bill arrives.
Cash
cheque
Credit Cards
coins
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When a buyer takes the goods on payment of a deposit and then makes repayments plus interest, while the seller has ownership until the goods are paid off in full.
Loan
Hire Purchase
cheque
coins
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When activities are done for someone else.
services
spending
consumer
hire purchase
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Using income or funds, which may be to buy goods or services or may be given away.
services
consumption
saving
spending
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A place or situation where buyers and sellers can exchange goods or services.
spending
services
market
consumer
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