Unit 2 Savings

Unit 2 Savings

12th Grade

15 Qs

quiz-placeholder

Similar activities

Social Power Theory

Social Power Theory

11th Grade - University

13 Qs

Causes of Stress

Causes of Stress

12th Grade

12 Qs

AP Government Unit 1 Review

AP Government Unit 1 Review

9th - 12th Grade

16 Qs

General Ledger Templates

General Ledger Templates

12th Grade

15 Qs

Residential Schools

Residential Schools

10th - 12th Grade

10 Qs

CONTEMPORARY ECONOMIC ISSUES

CONTEMPORARY ECONOMIC ISSUES

12th Grade

15 Qs

Conflict and Reconstruction

Conflict and Reconstruction

12th Grade

11 Qs

Young People and Crime

Young People and Crime

10th - 12th Grade

12 Qs

Unit 2 Savings

Unit 2 Savings

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Matthew Shane Fitts

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the amount earned from depositing money in an interest-bearing account?

Principal

Interest

Maintenance Fee

Minimum Balance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a government agency that insures customer deposits up to $250,000?

Health Savings Account (HSA)

Federal Deposit Insurance Corporation (FDIC)

Money Market Savings Account

Emergency Fund

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the original amount of money saved or invested called?

Interest

Principal

Inflation

Cost-Push Inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of account allows for pre-tax savings for out-of-pocket health care expenses?

Money Market Savings Account

Health Savings Account (HSA)

Emergency Fund

Minimum Balance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for buying goods without planning due to a sudden whim or urge?

Impulse Buying

Cost-Push Inflation

Rule Of 72

50-20-30 Rule

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 50-20-30 Rule in personal finance?

50% savings, 20% debt, 30% necessities

50% necessities, 20% saving/debt, 30% flexible spending

50% flexible spending, 20% necessities, 30% saving/debt

50% debt, 20% savings, 30% necessities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for inflation caused by increased production costs?

Inflation

Cost-Push Inflation

Rule Of 72

Emergency Fund

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?