Understanding Financial Terminology
Authored by Elaine Adamkiewicz
English
8th Grade
CCSS covered
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean if someone is described as "broke"?
They have a lot of money.
They have no money.
They are very happy.
They are very sad.
Tags
CCSS.L.9-10.5A
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a person is described as "loaded," what does that imply about their financial situation?
They are in debt.
They have just enough money.
They have a lot of money.
They are about to lose money.
Tags
CCSS.L.9-10.5A
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to "afford" something?
To borrow money for it.
To have enough money to pay for it.
To wish you could buy it.
To save money for the future.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you "can't afford" a new car, what does that mean?
You don't want a new car.
You have enough money but prefer to save it.
You don't have enough money to buy it.
You are too busy to shop for one.
Tags
CCSS.L.3.5A
CCSS.RL.3.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to be "short on cash"?
To have no money at all.
To have more money than you need.
To have enough money for necessities but not for extra fun things.
To have a lot of cash in your wallet.
Tags
CCSS.L.4.5B
CCSS.L.5.5B
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If someone says they are "short on cash," what can they usually still pay for?
A luxury vacation.
Bills and groceries.
An expensive concert ticket.
A brand new smartphone.
Tags
CCSS.L.9-10.5A
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the phrase "rolling in money" suggest about a person?
They are struggling financially.
They are very wealthy.
They are saving all their money.
They are spending money carelessly.
Tags
CCSS.L.4.5B
CCSS.L.5.5B
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