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WorksheetsS1 W2 Weekly Quiz AKS30 & 59
Total questions: 14
Worksheet time: 8mins
Individuals (households) own resources used in production, sell resources for _____, and use the ______ to purchase products.
Income
Taxes
Interest
opportunity cost
A plan of income and expenses for a set period of time.
Balance
Budget
Bankruptcy
Salary
Card that allows you to buy goods & services that you will pay for later with interest.
Debit Card
Expense
Checking Account
Credit Card
Card that takes money directly from your checking account. It works like a check.
Debit Card
Expense
Checking Account
Credit Card
What is debt?
Money you have borrowed and need to pay back
Money you make from working at a job
Money you make from the government
Taxes that you pay when you buy something
The amount of money paid either monthly or biweekly
Income
Salary
Hourly Pay
Deposit
A bank account that earns interest and has no card attached.
Checking Account
Savings Account
CD Account
LR Account
A sum of money given for a designated period of time which must be repaid with interest
Loan
Credit
Debt
Expenses
A statement of money you owe for goods or services supplied.
Bill
Income
Budget
Check
Piece of paper and a legal document that promises someone that they’ll receive payment from you.
Credit
Debit
Check
