WorksheetsUnit 2 Financial Literacy Review Day 2
Total questions: 12
Worksheet time: 9mins
What is borrowed money called?
account
lender
interest
loan
What is the cost of borrowing money called?
loan
lender
interest
account
Where do banks get money to loan?
from businesses
from their customers
from other banks
from the government
What is a fee for using a property called?
debt
loan
interest
rent
What is not an example in the article of property that can be rented?
cars
pets
housing
tools
What is the name for a person who buys property to rent?
banker
entrepreneur
borrower
renter
What is the government’s main economic role?
to create jobs
to make goods
to make money
to provide services
What is a public service?
cars
education
clothes
groceries
What is not a private enterprise?
a store
a gas station
a resturant
a public school
What type of tax is on what people buy?
federal tax
state tax
sales tax
unemployment tax
What taxes are paid to the national government?
federal taxes
state taxes
sales taxes
unemployment taxes
What is not paid for by taxes?
firefighters
libraries
houses
roads
