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Worksheets

Chs 6, 7, and 10 Combined

Total questions: 41

Worksheet time: 22mins

Name
Class
Date
1.

_______ is money earned over a set period of time, such as through a job or investments.

a)

Interest

b)

Income

c)

Wealth

d)

Finances

2.

In a typical household, which of the following are variable expenses?

a)

Groceries

b)

Entertainment

c)

Rent or Mortgage

d)

Car Payment

e)

Dining Out

3.

Fixed expenses are those which...

a)

Generally do not change from one month to the next

b)

Are used to repair broken items around the home

c)

Affix a smile upon Dr. Kaiser's face. Aww...

d)

Are fixin' to break the budget.

4.

Good debt is debt that...

a)

Does not exist. (There is no such thing as good debt)

b)

Helps build your credit score

c)

Is scored highly by the FDIC.

d)

Has a low interest rate.

e)

Fits in your plan for financial fitness.

5.

What is debt?

a)

Money you give to someone else.

b)

Money you earn.

c)

Money you have borrowed and must pay back.

d)

A form of interest, like debit.

6.

Which type of account is used to store your money long term while earning a little interest?

a)

Savings

b)

Checking

c)

Debt

d)

Credit Card

7.

Which type of account is kind of like a wallet in that it simply holds the money you spend on daily expenses.

a)

Savings

b)

Interest-bearing

c)

Checking

d)

Credit Card

8.

A credit card is money you borrow and must pay back. A debit card uses your own money, and is just a more convenient payment method than carrying cash.

a)

True

b)

False

c)

Truth is lessened only by the falsehood within. Thus there is no answer which speaks my truth to this question.

9.

Building savings into your monthly budget is important because it helps you to...

a)

Avoid unplanned (bad) debt

b)

Increase your independence

c)

Fare better when surprise expenses arise

d)

Earn a little interest

e)

Build a down payment for big expenses

10.

A subsidized grant must be paid back, but the government will cover the interest while you are in college.

a)

True

b)

False

c)

Insert glorious prose here.

11.

FAFSA STANDS FOR...

a)

Federal Application for Free Student Aid

b)

Free Application for Federal Student Aid

c)

Freaky Awesome Funds Students Access

d)

Actually, it is a word for a type of student loan.

12.

Which of the following is the most important aspect of financial literacy?

a)

Having a financial plan

b)

Keeping your income lower than your expenses

c)

Having a high income

d)

Avoiding impulse buys

13.

The college years are the time when everyone is the wealthiest in their lives.

a)

True

b)

False

c)

Somewhat True

14.

Which of the following are true about student loans?

a)

They have very high interest rate

b)

They are funded by the US Government

c)

Good idea when they fit your financial plan

d)

Limits to how much you can (should) borrow.

e)

Cannot be discharged through bankruptcy.

15.

Mental activity that goes on in the brain when a person is organizing and attempting to understand information and communicate information to others.

a)

Thinking

b)

Problem Solving

c)

Engineering

d)

Escaping

16.

Which of these is NOT a thinking process we discussed?

a)

Creative Thinking

b)

Analytical Thinking

c)

Critical Thinking

d)

Reparative Thinking

17.

______________________ is the act of combining existing ideas, objects, or behaviors in a new way.

a)

Creative Thinking

b)

Idiopathic Thinking

c)

Restorative Thinking

d)

Postmodernism

18.

To use _____________ thinking is to take complex situations and be able to see and understand their component parts.

a)

Multi-purpose

b)

Strategic

c)

Creative

d)

Analytical

19.

To evaluate the quality of information in order to make a sound or reasoned judgment about its bias, usefulness or accuracy is a form of...

a)

Synthetic thinking

b)

Information Literacy

c)

Knowledge

d)

BIas

20.

Jay is a computer scientist for a major IT company. Jay's job is to look for ways to hack into the company's own systems. Why does the company employ Jay in this way?

a)

A problem must be recognized as a threat in order to prevent or fix it.

b)

Because they have too much money.

c)

For entertainment value.

d)

Because they don't have enough money.

21.

Jay is a computer scientist for a major IT company. Jay's job is to look for ways to hack into the company's own systems. What type of thinking is jay employing?

a)

Critical Thinking

b)

Technological Thinking

c)

Kinesthetic Thinking

d)

Mechanical Thinking

22.

Problem solving includes which of the following steps?

a)

Identify, perceive, or find the problem.

b)

Generate ideas to solve the problem.

c)

Select and implement the best solution.

d)

Evaluate the results. Was the problem solved effectively?

e)

Spike the football.

23.

To be aware of our critical, creative and analytical thinking processes is to engage in _______________.

a)

Problem Solving

b)

Awareness Mojo

c)

Metacognition

d)

Information Literacy

24.

Submitting only your own words for a class writing assignment (rather than copying off a website) is an aspect of effective ____________________.

a)

Information Ethics

b)

Metacognition

c)

Analytical Thinking

d)

Boolean logic

25.

____________ includes the act of evaluating an information source for its accuracy or bias.

a)

Information ethics

b)

Critical Literacy

c)

Quantitative Literacy

d)

Auditory Literacy

26.

Computer literacy is a form of media literacy, which is in turn a form of information literacy.

a)

TRUE

b)

FALSE

c)

Much like Shrodinger's cat, this answer is inexplicably and incoherently observable as simultaneously both true and false.

27.

In English Composition I, Sunny must write a research paper using peer-reviewed journal articles. Which form of information literacy would Sunny most benefit from?

a)

Understanding of the migratory patterns of European Swallows.

b)

Understanding of Boolean search procedures using library databases to find peer-reviewed research articles.

c)

Secondary data analysis

d)

Knowledge of the location of the library building on campus.

28.

Which of these is NOT one of the three basic functions of memory?

a)

Encoding

b)

Storage

c)

Retrieval

d)

Rehearsal

29.

What is the term for repeating information to maintain it in your short term memory?

a)

Maintenance Rehearsal or Rote Memorization

b)

Elaborative Rehearsal

c)

Semantic Memory

d)

Memory Retrieval

30.

Name for memory that lasts a few seconds or less, and contains the mental processing of the information perceived by our senses (touch, sight, taste, sound, smell).

a)

Sensory Memory

b)

Short Term Memory

c)

Long Term Memory

d)

Rote Memory

31.

Research shows cramming is a super effective study technique.

a)

False

b)

True

c)

Super True

d)

Only on a full stomach

32.

Check all the benefits of sleep below.

a)

Increases concentration and focus

b)

Repairs brain connections

c)

Helps reduce anxiety and regulate emotions

d)

Improves memory

e)

Contributes to overall physical well-being

33.

Remembering the definitions for words and what the number 3 represents is which type of memory?

a)

Semantic

b)

Episodic

c)

Repetitious

d)

Procedural

34.

Remembering the events we experienced in our lives, such as our first day of high school, is what type of memory?

a)

Semantic

b)

Episodic

c)

Repetitious

d)

Procedural

35.

The _______________, or working memory, is the notepad of our brain, storing memory for just a few seconds or so unless we engage in techniques to keep the memory in place longer.

a)

short term memory

b)

left brain

c)

filtering mechanism

d)

memory register

36.

To use techniques to help acquire knowledge by committing to memory new information in a particular academic subject is to _______________.

a)

Study

b)

Retrieve

c)

Organize

d)

Forget

37.

What is the name for the techniques that help relax a person in times of stress?

a)

Grounding Techniques

b)

Revision

c)

Stress Induction

d)

Anxiety Provoking Strategies

38.

Which of the following methods have been shown through research as effective strategies for calming down in moments of panic?

a)

Deep Breathing Exercises

b)

Muscle Relaxation Techniques, such as starting at the toes then relaxing the calves, etc.

c)

Visualizing a Positive Outcome

d)

Positive Affirmation

e)

Mental games like counting by six, listing as many dog breeds as you can, or reciting the alphabet backwards

39.

The 5-4-3-2-1 strategy involves focusing on 5 things you can see, 4 you can hear, 3 you can touch, 2 you can smell, and 1 you can taste. When has this technique been shown to be useful?

a)

To combat anxiety or a panic attack

b)

When waking up in the morning.

c)

To help with long term memory.

d)

To help with sensory memory.

40.

Different types of questions on an exam require different types of preparation.

a)

True

b)

False

c)

Like a tiny seed suspended in a vast ocean, this is both true and false in its essence.

41.

Which of the following is NOT supported by research as a method for lowering the risk of test anxiety

a)

Sleep, good nutrition, and regular exercise

b)

Grounding Techniques

c)

Connecting with friends or hobbies

d)

Prayer or meditation

e)

Comparing your knowledge and achievements to others