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Worksheets1st Six Weeks Exam
Total questions: 20
Worksheet time: 12mins
What is a characteristic of money?
it is green
it dissolves when wet
it fits in your pocket
it is durable
What is money made from
plastic
leather
cotton
paper
Another characteristic of money is that it is
foldable
portable
profitable
printable
When money is used to make change, it is said that money is
easily lost
can be divided
divisible
fold-able
If there is not alot of money around this characteristic means it is
scarce
stock
devalued
inflated
Before there was money, things were traded; this is called
bartering
jewelry
trading
changing
A fee paid for the use of money is
devaluation
inflation
finance
interest
The knowledge and skills we need to manage our finances effectively is
lender
finance manger
finance literacy
financial analyst
a person who loans money to anther person is called a
financial analyst
money man
financial manager
lender
A share of ownership in a company is called a
stock
profit
interest
barter
A categorized list of words related to a particular topic is known as
vocabulary
word wall
taxonomy
terminology
A great quantity of money or valuable possessions is known as your
treasures
wealth
interest
taxonomy
The act of buying or borrowing money with promise to repay the person or business at a future date or money that is received and increases the bank account balance is called
credit
inflation
interest
stock
A current medium of exchange in the form of coins is called
interest
stock
interest
money
Which of the following is not a financial service institution
bank
credit union
insurance companies
pawn shop
Which is not a financial service
checking account
credit card
pay day loan
financial advisor
An agency of the USA that promotes public confidence in the US financial system by insuring deposits in banks is called
credit unions
FDIC
banks
ATM machines
What an the amount invested today, at a particular interest rate, will be worth in the future; you are finding the
future value
interest amount
compound interest
Money's potential to grow in value ovet time is known as
time value of money
interest
finance
bank
The central bank of the United States is the
an insurance company
Federal Reserve
a credit union
FDIC
