Your Brain & Money
Quiz
•
Social Studies
•
10th Grade
•
Practice Problem
•
Easy
Khari Burns
Used 1+ times
FREE Resource
Enhance your content in a minute
27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain what a cognitive bias is and how it can cause someone to make irrational decisions, particularly around money.
A cognitive bias is a systematic pattern of deviation from norm or rationality in judgment, which can cause someone to make irrational decisions, especially regarding money.
A cognitive bias is a financial strategy used to maximize profits in the stock market.
A cognitive bias is a type of memory loss that affects only financial decisions.
A cognitive bias is a legal term for fraudulent activity in banking.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name at least two cognitive biases you have learned about.
Examples of cognitive biases include confirmation bias and anchoring bias.
Examples of cognitive biases include gravity bias and lunar bias.
Examples of cognitive biases include oxygen bias and water bias.
Examples of cognitive biases include triangle bias and square bias.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of people do you believe make purchases due to FOMO (Fear of Missing Out)?
Approximately 60% of people are influenced by FOMO when making purchases.
Approximately 20% of people are influenced by FOMO when making purchases.
Approximately 35% of people are influenced by FOMO when making purchases.
Approximately 80% of people are influenced by FOMO when making purchases.
4.
OPEN ENDED QUESTION
3 mins • 1 pt
60% of people make purchases because of FOMO, mostly within 24 hours. How close was your guess?
Evaluate responses using AI:
OFF
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FOMO is best described as:
The fear of missing out on something important or exciting
A type of financial investment
A new social media platform
A method of time management
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FOMO can impact your spending behavior. Have you ever experienced it?
Yes, I have experienced FOMO and it has impacted my spending.
No, I have never experienced FOMO.
I have experienced FOMO, but it did not impact my spending.
I am not sure what FOMO is.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One way to avoid overspending due to social factors like FOMO is:
Setting a budget and sticking to it
Ignoring all social invitations
Spending more to fit in
Avoiding making any purchases
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
24 questions
IGCSE GP Review Material
Quiz
•
10th Grade
25 questions
PTS Ekonomi X SMANSA Dolmer
Quiz
•
10th Grade
22 questions
AP Comparative Government Britain
Quiz
•
9th - 12th Grade
22 questions
NWT Quiz
Quiz
•
9th - 12th Grade
22 questions
Summary German Social Welfare State
Quiz
•
10th Grade
28 questions
Judicial Branch Notes Review
Quiz
•
9th - 12th Grade
25 questions
International Trade Economics
Quiz
•
10th - 12th Grade
23 questions
Early British History
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Social Studies
35 questions
WH-Units 7 & 8 Test Review
Quiz
•
10th Grade
18 questions
Early civil rights and African Americans
Quiz
•
9th - 12th Grade
32 questions
Unit 7 Review
Quiz
•
10th Grade
20 questions
Unit 7.1 The Industrial Revolution
Quiz
•
9th - 12th Grade
73 questions
AP Psychology - Developmental Psychology
Quiz
•
10th - 12th Grade
21 questions
Industrial Revolution
Quiz
•
10th Grade
10 questions
Exploring the French and Indian War
Interactive video
•
6th - 10th Grade
30 questions
Full test Unit 4: Industrial Revolution
Quiz
•
9th - 12th Grade
