Escape the Rat Race

Escape the Rat Race

6th - 8th Grade

15 Qs

quiz-placeholder

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Escape the Rat Race

Escape the Rat Race

Assessment

Quiz

Social Studies

6th - 8th Grade

Easy

Created by

Michael Daniels

Used 5+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________________________ is something that puts money in your pocket.

Cashflow

Asset

Liability

Charity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____________________ is something that takes money from you.

Asset

Liability

Cashflow

Charity

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

_____________________ is an example of an asset

Car payment

Owning a vending machine

Writing a hit song for a popular artist

Paying rent

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___________________ is an example of a liability

Paying rent

Owning real estate

Owning a vending machine

Writing a hit song

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Profits [minus] expenses. AKA money you didn't have to work for because you invested in good assets.

Asset

Liability

Cashflow

Charity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________________ means to think of other people. You can also get a tax benefit sometimes. This is a good thing to do.

Charity

Cashflow

Asset

Liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the 40-40-40 plan

40 hours/week; 40 years; retire on 40% that was never enough.

A government plan to make everyone rich!

A government plan for US foreign policy

DOGE - by Elon.

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