Financial Literacy DCA Review
Authored by NICOLE RUHRER
Life Skills
6th - 8th Grade
Used 1+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is interest?
A return on your investment.
Money you leave in the bank.
The purchasing of goods and services.
The rise of prices over time.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fee charged for borrowing money is ___________
a fee
an interest loan
annual percentage rate
interest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to show bias?
to be selfish
to be conceited
to refuse to take a side
to favor one side over another
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A consumer is _________________.
An individual that purchases goods and services for his/her use.
A person who takes a risk and starts a new business.
A person who works in the workforce.
A person who supplies goods and services.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Putting money in a retirement fund is an example of ____________.
saving and borrowing
borrowing and investing
saving and investing
spending and saving
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of income?
Investment returns
Income from working a job
Money received as a gift
All of these
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is an example of name calling propaganda.
True
False
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