
Unit 2 Study Guide- $$$

Quiz
•
Financial Education
•
8th Grade
•
Hard
Victoria Brunson
Used 2+ times
FREE Resource
27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement best describes how to comparison shop for a new smartphone?
Buy several models, test each one to see which you like best, and return the others
Set a budget, decide on the features you need, and research which models and brands best meet your criteria
Visit multiple stores and negotiate with salespeople to lower the price until one fits within your budget
Create a blog that tracks and compares the prices of popular smartphones at different retailers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You're planning to upgrade your mountain bike to a newer model. What should be one of your first steps in comparison shopping?
Decide what bicycle features you care most about
Visit the store that sells the least expensive bicycles
Locate a coupon for bicycles
Sell your old bicycle
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For her upcoming birthday party, Emily is deciding between ordering pizza or making homemade sandwiches. Which option requires more consideration regarding guests' preferences and dietary restrictions?
Neither -- both choices are simple and straightforward
The pizza -- because it's important to choose a variety of toppings
The homemade sandwiches -- because they can be customized for each guest
Both -- it's essential to consider guests' preferences and dietary restrictions for any food served at a party
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sofia wants to buy a new pair of jeans. At Pants World, the jeans she wants cost $40 and they're having a 25% off sale. At All Clothes, the same jeans cost $38 and she has a $6 off coupon. What is the best deal?
Purchase at Pants World, because the cost after discount will be $15
Purchase at Pants World, because the cost after discount will be $30
Purchase at All Clothes, because the cost after coupon will be $32
Purchase at All Clothes, because the cost after coupon will be $32
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine you're at a clothing store and you see a sign that says "Buy One, Get One Free" on jeans. Why does the store offer such a deal?
The store advertises the deal but charges you for the second pair of jeans at the checkout.
The store profits because you're still required to pay taxes on the free pair of jeans.
Most stores aren't focused on making a profit, so giving away a free pair of jeans doesn't affect their bottom line.
Attractive deals like this encourage customers to make purchases they didn't initially plan on and build loyalty towards the store or brand.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
On a restaurant receipt, you will commonly find each of these items EXCEPT...
The date and time of your dining
The total cost of your food and drinks
The tax and tip that were added to your bill
The total money in the bank account you used to pay
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Naya has done a lot of shopping recently. Which receipt should she probably keep the longest?
CVS receipt for a juice and a pack of ponytail holders
Mall store for 5 shirts and 2 pants, all of which she's tried on and fit
Restaurant receipt for sandwich, salad, and lemonade
Target receipt for bluetooth headphones for her and a popular toy for her niece's birthday
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