
Personal Finance Unit 1 Exam
Authored by Jamal Jordan
Financial Education
12th Grade
Used 3+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity exists because people have ___ and resources are ___.
limited wants; unlimited
unlimited wants; limited
limited wants; limited
unlimited wants; unlimited
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You have Saturday free: work a shift, study for a test, or attend a game. You choose to study. Your opportunity cost is:
the money you earn working
the game you didn’t attend
the next best alternative you gave up
nothing, because studying is free
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of land (natural resource)?
A delivery van
A manager
An oil field
A spreadsheet
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of physical capital?
A welding robot in a factory
The welder’s skills
The CEO
A paycheck
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person who organizes resources and takes risks to start a business is the:
laborer
lender
entrepreneur
accountant
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A student considers working one more hour. The student should do it if the marginal benefit ___ the marginal cost.
equals
is less than
is greater than
is unrelated to
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choosing a new car loan with a low monthly payment but longer term mainly involves which trade-off?
Lower total interest paid
Higher total interest paid over time
No impact on interest
No impact on budget
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
41 questions
Pajakk7
Quiz
•
12th Grade - University
40 questions
Personal Finance Unit Exam (GA Standards SSEPF1-4)
Quiz
•
12th Grade
40 questions
Resumen Contabilidad Mes 1
Quiz
•
12th Grade
40 questions
MAS AR-RAHMAN (EKONOMI)
Quiz
•
12th Grade
40 questions
evaluasi BAB 1
Quiz
•
12th Grade
40 questions
Place Value and Value of Decimals
Quiz
•
4th Grade - University
45 questions
SELEKSI LKS AKUNTANSI
Quiz
•
11th Grade - University
40 questions
Insurance Vocabulary Quiz
Quiz
•
12th Grade
Popular Resources on Wayground
8 questions
Spartan Way - Classroom Responsible
Quiz
•
9th - 12th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
14 questions
Boundaries & Healthy Relationships
Lesson
•
6th - 8th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
3 questions
Integrity and Your Health
Lesson
•
6th - 8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
9 questions
FOREST Perception
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
Discover more resources for Financial Education
8 questions
Spartan Way - Classroom Responsible
Quiz
•
9th - 12th Grade
22 questions
El Imperfecto
Quiz
•
9th - 12th Grade
25 questions
Logos
Quiz
•
12th Grade
20 questions
Grammar
Quiz
•
9th - 12th Grade
18 questions
Mendelian Genetics
Quiz
•
10th - 12th Grade
22 questions
Regular Preterite -AR-ER-IR-
Quiz
•
12th Grade
20 questions
verbos reflexivos en español
Quiz
•
9th - 12th Grade
14 questions
Making Inferences From Samples
Quiz
•
7th - 12th Grade