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Family Budget and Snake Purchases

Family Budget and Snake Purchases

Assessment

Interactive Video

Business, Life Skills, Social Studies

9th - 12th Grade

Practice Problem

Hard

Created by

Olivia Brooks

FREE Resource

The video discusses the financial struggles of a family due to Johnny's spending on snakes, which impacts their budget. Linda tries to address the issue with Johnny, who owes $800 to a snake dealer named Taz. The family is facing financial constraints, and they discuss how to manage their expenses and debts. The conversation highlights the need for budgeting and making financial decisions to resolve their issues.

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main financial issue Linda wants to discuss with Jamie?

His spending on electronics

His spending on snakes

His spending on cars

His spending on vacations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does Jamie owe to the snake dealer Taz?

$500

$1000

$600

$800

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Jamie's weekly income from unemployment?

$330

$600

$400

$500

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the financial challenges the couple faces due to Jamie's spending?

Paying for vacations

Paying for house utilities

Paying for children's education

Paying for groceries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the couple decide regarding future snake purchases?

To buy more snakes

To stop buying snakes until the debt is paid

To buy snakes only on weekends

To buy snakes only if they are on sale

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the couple's plan to manage their finances?

To pay off the debt and avoid further purchases

To sell their car

To take a loan

To move to a cheaper house

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