5.10 finances review

To have a balanced budget, Dylan needs to (a)   ​ ​ (b)   ​

• decrease $10/disminuir $10
• on his snack/bocadillo expense.
• increase $5/aumentar $5
• on his savings/ahorros.
• on his income/ingreso.
• decrease $5/disminuir $5

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5.10.E

5.10.F

What is a step someone could take to balance a budget, if the expenses are greater than the income? sELECT 2.

• Get a second job to earn more income

• Cut back on utility bills

• Eat out less often

• Get a credit card

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5.10.E

This is Soledad's budget. In order for Soledad's budget to be ​ (a)   . She should spend ​ (b)   on clothes.

• balanced
• 9
• $21
• $10
• $8
• unbalanced

Mr. Martinez’s employer withholds $213 from his paycheck each month. The tax money helps fund federal programs such as Social Security and Medicare. What is the name of the tax Mr. Martinez pays?

El empleador del Sr. Martínez retiene $ 213 de su cheque de pago cada mes. El dinero de los impuestos ayuda a financiar programas federales como el Seguro Social y Medicare. ¿Cómo se llama el impuesto que paga el señor Martínez?

• A. Sales tax

  A. Impuesto sobre las ventas

• B. Property tax

  B. Impuesto sobre la propiedad

• C. Payroll tax

  C. Impuesto sobre la nómina

• D. Not here

  D. No aquí

Leon earns $15 per hour. He worked 40 hours last week and earned $600. He received a paycheck of $475 because of the tax that goes toward the military and NASA among other things. What type of tax did he pay?

Leon gana $ 15 por hora. Trabajó 40 horas la semana pasada y ganó $ 600. Recibió un cheque de pago de $ 475 debido al impuesto que se aplica al ejército y a la NASA, entre otras cosas. ¿Qué tipo de impuesto pagó?

• Payroll Tax

  a la nomina

• Income tax

  al ingreso

• Sales tax

  venta

• Property tax

  propiedad

Nick was offered a job with a salary of $200 a week. When he received his paycheck, the amount was $140. Based on the information, which statement explain the reason for the difference between Nick’s $200 salary and his $140 paycheck?

• A.Nick gross income was $500 but he received $140 after his house payment was deducted.

• B.Nick’s gross income was $140 because he did not work the whole week.

• C.Nick’s gross income was $200 but his net income was $140 because taxes were deducted.

• D. Nick’s gross income was $140 but his net income was $200 because taxes were deducted.

Your parents pay $3500 in taxes each year based off of the value of your home. Which type of tax is this?

• Payroll tax

• Property tax

• Sales tax

• Income tax

Alex purchases 2 comic books for $5 each and a set of trading cards for $10. He gives the clerk $20, but he needs more money to pay for the tax. Which tax does Alex need to pay?

• Property tax
• Income tax
• Sales tax
• Payroll tax

Ms. Lopez earns $5,870 each month. After taxes are taken out for Social Security and Medicare, the amount of her monthly paycheck is $4,748. Ms. Lopez's ​ (a)   is $5,870 since it wasn't taxed yet. Her ​ ​ (b)   is $4,748 since that is the amount she actually gets to keep.

• gross income
• net income
• net value
• gross taxes
• income tax