Introduction to Money Mindsets

Introduction to Money Mindsets

9th - 12th Grade

8 Qs

quiz-placeholder

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Introduction to Money Mindsets

Introduction to Money Mindsets

Assessment

Quiz

Financial Education

9th - 12th Grade

Practice Problem

Hard

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

Which is NOT a purchase-decision question that consumers should ask themselves before making a purchase? 

What profit will business make off of this purchase?
Do I really need this?
Can I afford it right now?
Is there something less expensive that meets the same goal?

2.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Media Image

When making a large purchase, considering return on investment means comparing the potential profit in relationship to the amount spent. 

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

Prices of goods, including used appeal, is determined by the relationship of: 

Supply & Demand
Opportunity & Alternatives
Debit & Credit
Interest & Inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Media Image

An example of a marketed pricing strategy used by businesses is listing an item at $6.99 instead of $7.00

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

To avoid fraud, individuals should protect their PII, which includes name, date of birth, and social security number, and stands for: 

Personal Identifiable Information
Protected Investment Information
Potential Individual Information
Pertinant Intelligent Information

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

What is the term for the maximum amount a person is willing to pay for a product or service?

Demand Price

Supply Price

Market Price

Inflation Price

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Media Image

Which of the following is NOT a factor that influences consumer buying behavior?

Personal Income

Product Quality

Brand Reputation

The CEO's Sign

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