Banking

Mrs. Moles had $850.06 in her checking account, and a check that she wrote to her landlord for $860.00 was just deposited. This will result in which of the following fees?

• ATM Fee

• Overdraft fee

• Service fee

• Overspending fee

Da Baby, who has a checking account at Big Bucks Bank, is writing a check to Ricky Bobby, who has a checking account at Lots a Loot Bank. What should be written on the "Pay to the order of" line of the check?

• Lots a Loot Bank

• Big Bucks Bank

• Ricky Bobby

• Da Baby

At the beginning of this month, the balance of Chris Brown's checking account was $692.35. So far this month, he has received a paycheck via direct deposit of $893.71, been charged a monthly service fee from his bank of $15.00, used a debit card linked to his account to make a purchase of $44.74, written a check for $191.28 that has already been deposited, and deposited a check written to him for $59.97. What is the current balance of Chris Brown's checking account?

• $1657.63

• $1410.01

• $702.66

• $1395.01

At the beginning of this month, the balance of Kim Kardashian's checking account was $782.39. So far this month, she has received a paycheck via direct deposit of $932.48, been charged a monthly service fee from her bank of $20.00, used a debit card linked to her account to make a purchase of $36.82, written a check for $155.03 that has already been deposited, and deposited a check written to her for $79.13. What is the current balance of Kim Kardashian's checking account?

• $799.76

• $1582.15

• $1602.15

• $1733.95

The 9-digit number that identifies the bank that a check came from is called:

• the routing number.

• the check number.

• the bank number.

• 
  the account number.

An increase in the money supply that causes money to lose its purchasing power and prices to rise is known as ____________.

• inflation

• conflation

• recession

• deflation

If there is an increase in the money supply that causes money to lose its purchasing power and leads to inflation, what happens to prices?

• They fluctuate.

• They remain unchanged.

• 
  They fall.

• They rise.

Sutton's take-home pay is $2300 a month. He spends 19% of her take-home pay on groceries. How much do groceries cost Sutton each month?

• $180

• $437

• $104

• $234

Which of these is most likely a short-term goal for a high school freshman?

• Graduate from college

• Buy a house

• Attend this afternoon's meeting

• Retire comfortably

The things that are most important to you are your top __________.

• similarities

• priorities

• niceties

• peculiarities