Worksheetsfinancial decision making
Total questions: 10
Worksheet time: 50mins
Name
Class
Date
1.
which one means
Limited Means
a)
You can’t have everything and you must make decisions.
b)
You can have every thing you want
2.
What are opportunity cost
a)
How much it cost to buy something
b)
what you give up in order to get something else
3.
What is a goal
a)
Something you want to achieve.
b)
Food and water
4.
What is a need
a)
A new game you want to buy
b)
something required for a safe and healthy life
5.
What is a want
a)
a desire for something.
b)
something you need tom survive
6.
Water is a want
a)
Yes
b)
No
7.
A video game is a want
a)
Yes
b)
No
8.
Clothes are a need
a)
Yes
b)
No
9.
Prioritizing is
a)
Putting things in order of how much they matter.
b)
Things you buy for fun
10.
Saving for a new car is an example of a goal
a)
Yes
b)
No
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