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WorksheetsApplied Econ 1.0
Total questions: 15
Worksheet time: 4mins
Investment securities where an investor lends money to a company or government for a set period of time in exchange for regular interest payments.
Stocks
Roth IRA
Mutual Funds
Bonds
Stocks are riskier than bonds
True
False
what happens when you buy a stock?
you are able to trade with the company for their products
you become one of the companies owners
you become CEO of the company and manage everything
santa puts a hershy inside it on christmas
What is a bond?
Getting released from jail
getting money by bonding with the owner
a contract made with the business
lending money to business/gov and getting paid back
Person who pays for the right to live in a residence owned by someone else.
Landlord
Tenant
Person who owns the property that is rented.
Landlord
Tenant
Why was minimum wage created?
So small businesses could be successful.
To help the government.
To ensure the average worker can meet their most basic needs
To help retired couples
What is the most realistic way to avoid the many difficulties of a life earning minimum wage?
Further your formal education to make yourself highly employable
Earn a starting position on the Los Angeles Lakers
Become Instagram famous
Win the lottery
Find buried treasure in your backyard
Kelsey bought a new jacket. The jacket costs $150.00. She will pay 8.25% in sales tax. How much money will she pay in sales tax?
$123.80
$12.38
$162.38
$273.80
Joe is buying a pair of jeans on sale that cost $17.95. The sales tax in his city is 6%. What is the total cost of the jeans?
$10.77
$28.72
$1.08
Who primarily uses our tax money? (hint: choose 2 correct answers)
Your employer
The state government
The Federal government
Local Businesses
Taxes are collected by
Businesses
Parents
Foreign countries
Government
Pierre works as the head chef at Chez Bistro. He is married and claims 2 withholding allowances. Pierre gets paid $1708.33 semi-monthly. His withholding for federal is $91.00, for Social Security is 105.92 and for Medicare is 24.77. What is Pierre's net pay?
$1486.64
$1499.64
$1489.64
$1479.63
