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WorksheetsTerms and Concepts Quiz
Total questions: 20
Worksheet time: 16mins
Creating a list of income and expenses each month to ensure you are spending wisely
(a)
Buying and selling of goods over the internet
(a)
Is the quantity of goods and services the consumer is willing and able to buy at a given time and price
(a)
The amount of income left to be spent after taxes have been paid
(a)
The system of buying and receiving goods and paying for them over an agreed period of time.
(a)
A person or group of persons who buy goods and service or obtain credit for their own use and satisfaction
(a)
A system in which people illegally buy and sell goods, ignoring proper regulations.
(a)
A type of credit where goods are paid for over a period of time while they remain in store
(a)
The portion of a persons gross income that is left after taxes and all other compulsory deductions have been taken out
(a)
The wise and careful use of money and other resources in order to avoid wastage.
(a)
The act of setting aside money for future use
(a)
The price for which the currency of a country can be exchanged for another country's currency
(a)
The official or deliberate reduction in a country's official exchange rate relative to other currencies
(a)
The creeping increase in the prices of most goods and services.
(a)
All tangible products which consumer use
(a)
A card with issued by a bank or other financial company authorizing the holders to purchase goods and service on credit up to a certain limit
(a)
All intangible actions performed to satisfy consumer needs
(a)
A type of loan used to purchase a house
(a)
The money which an individual receives from work, investments or rental of properties
(a)
The amount of goods a producer is willing and able to place on the market at a given time and price.
(a)
