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Money_Personal and Public Finance

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Anything that is purchased with the hope that it will generate income or be more valuable at a future date.

a)

investment

b)

loan

c)

income

d)

expense

2.

Money borrowed from a bank.

a)

dept

b)

loan

c)

budget

d)

expense

3.

The fee for borrowing and using someone else's money.

a)

expense

b)

interest

c)

interest rate

d)

income

4.

Money owed, usually as a result of borrowing.

a)

dept

b)

expense

c)

income

d)

interest

5.
the amount of money a person can earn by being self-employed or by doing a job for another person or business
a)
salary
b)
scarce
c)
interest
d)
lend
6.
to obtain by paying money for an item or a service
a)
income
b)
purchase
c)
saving
d)
salary
7.
to let someone else use your money and they will need to pay you back
a)
human capital
b)
borrow
c)
lend
d)
interest
8.

to put money into the bank

a)

spending

b)

withdrawal

c)

deposit

d)

finance

9.

to take money out of the bank to use

a)

deposit

b)

withdrawal

c)

cost

d)

spending

10.

to owe money to your bank because you have spent more than you have in your account

a)

to be in the black

b)

to be in the red

c)

mortgage

d)

to be an idiot

11.

not gradually, immediately

a)

bargain

b)

in bulk

c)

outright

d)

haggle

12.

to argue with sb in order to reach an agreement, especially about the price of sth.

a)

haggle

b)

refund

c)

receipt

d)

mortgage

13.

a piece of paper that shows the goods or services have been paid for

a)

check

b)

sheet

c)

recipe

d)

receipt

14.

sth that is not worth what you pay for it

a)

ripp-off

b)

bargain

c)

fee

d)

fare

15.

money paid by the government to sb who doesn't work

a)

VAT

b)

inheritance tax

c)

unemployment benefit

d)

rebate

16.

to buy in the large quantity of sth

a)

in bulk

b)

in bulka

c)

outright

d)

bargain

17.

money that you pay for professional advice or services

a)

fare

b)

fee

c)

free

d)

bulk

18.

when someone dies, their heir has to pay

a)

income tax

b)

inheritance tax

c)

VAT

d)

rebate

19.

if you have paid too much tax, you should get a rebate

a)

diabetes

b)

rebate

c)

debate

d)

purchase

20.

it has to be paid on goods imported from other contries

a)

corporation tax

b)

income tax

c)

excise duties

d)

fee