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Financial Literacy and Data

Total questions: 21

Worksheet time: 1hrs 2mins

Name
Class
Date
1.
Which of the following is true about banks and credit unions?
a)
They are the safest place to save money.
b)
Money can be withdrawn from banks online.
c)
Banks are a business and loan money to others to make money.
d)
All of the above.
2.
My house payment is the same every single month. This is an an example of a....
a)
profit
b)
variable expense
c)
fixed expense
3.
Sawyer is selling bracelets. She pays $2.00 for the beads and $2.50 for the string. She sells her bracelets for $1.00.  
How much are her expenses?
a)
$2.00
b)
$2.50
c)
$4.50
d)
$5.50
4.
Gwen bought an old table. She repaired it and painted, and then sold it. Gwen made this list about what she did.
• Price paid for old table: $10.00
• Cost to repair: $5.00
• Cost to paint: $7.50
• Selling price: $50.00
What was Gwen’s profit from selling the table?  
a)
$27.50
b)
$50.00
c)
$22.50
5.
Which of these is NOT offered by a financial institution?
a)
Informing customers about their money and accounts.
b)
Telling customers how to spend their money. 
c)
Letting customers make withdrawals.
d)
Providing loans to customers. 
6.
Flat tire repair -
a)
Fixed expense
b)
Variable expense
7.
Why would you put your money in the bank?
a)
It's safer because it is insured
b)
To make more money by earning interest
c)
All of the above
8.
Money that you make is called...
a)
income
b)
variable expense
c)
propery taxes
d)
fixed expense
9.
When you take the amount of money earned and subtract your expenses you are finding the...
a)
fixed income
b)
profit
c)
savings
d)
taxes
10.

While doing a project for P. E. class, Ling researched the number of athletes competing in an international sporting event.


How many countries have exactly 32 athletes?

a)

4

b)

3

c)

6

d)

1

11.

A Technical Assistance Manager monitored his customers' wait times.


What is the shortest wait time?

a)

30 minutes

b)

48 minutes

c)

31 minutes

d)

71 minutes

12.
How many students got a perfect score on the test?
a)
0
b)
2
c)
6
d)
1
13.
What is the difference between the shortest and the longest distance of the baseball thrown?
a)
10.05 feet
b)
8.5 feet
c)
8.2 feet
d)
8.0 feet
14.

How many students have a shoe size bigger than 8?

a)

2

b)

3

c)

4

d)

9

15.

How many people have 4 or more pets?

a)

8

b)

3

c)

6

d)

4

16.

The number of cats is 4 less than the number of dogs. How many are cats?

a)

4

b)

6

c)

8

d)

16

17.

What was the most number of books read?

a)

1

b)

6

c)

9

d)

12

18.

Mrs. Thompson counted the number of books that students in her class checked out from the library. She wants to make a dot plot to represent the data. How many dots will she place above the number 3?

a)

6

b)

3

c)

9

d)

2

19.

Be sure to read the equations very carefully. :)

a)

A

b)

B

c)

C

d)

D

20.
a)

A

b)

B

c)

C

d)

D

21.
a)

F

b)

G

c)

H

d)

J