Budget and Gov't Spending

Budget and Gov't Spending

7th Grade

23 Qs

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Budget and Gov't Spending

Budget and Gov't Spending

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Andrew Steffey

Used 8+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a household budget?

A plan for government spending

A plan for personal spending

A plan for business spending

A plan for charitable donations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you consider when creating a household budget?

Needs and wants

Only needs

Only wants

Neither needs nor wants

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When creating a budget, what do people have to make choices about?

How much money to save

All of these

How much money to spend

How much money to invest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the overall plan for national government spending called?

The state budget

The local budget

The federal budget

The personal budget

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is mandatory spending?

Spending that is required by law

Spending that is optional

Spending on luxury items

Spending without a plan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of mandatory spending?

Funding for national parks

Military research

Social Security

Air traffic control

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is discretionary spending?

Spending required by law

Spending that is optional and decided yearly

Spending without any planning

Spending without limits

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