Financial Literacy Quiz

Financial Literacy Quiz

9th Grade

15 Qs

quiz-placeholder

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Financial Literacy Quiz

Financial Literacy Quiz

Assessment

Quiz

Business

9th Grade

Medium

CCSS
7.RP.A.3

Standards-aligned

Created by

Hayden Walraven

Used 43+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of a budget?

Tracking income and expenses

Increasing debt

Avoiding savings

Ignoring financial goals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a credit score measure?

Creditworthiness

Monthly expenses

Credit card limit

Annual income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a form of investment?

Loan

Mortgage

Stock

Credit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of inflation on purchasing power?

Increases it

Has no effect

Decreases it

Stays constant

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of tax is imposed on your income?

Sales tax

Property tax

Income tax

Excise tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What distinguishes a debit card from a credit card?

Linked to a bank account

Credit limit

Interest charges

Both a and c

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a savings account?

To borrow money

Long-term investments

Emergency fund and use for future goals

None of the above

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