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economics

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

the amount of money you recieve before taxes

a)

net pay

b)

total pay

c)

gross pay

d)

tax pay

2.

How much of your income should go into housing?

a)

25%

b)

15%

c)

40%

d)

30%

3.

You should budget at the start of every month

a)

true

b)

false

4.

credit cards allow you to take money from your bank account

a)

true

b)

false

5.

Taxes are due on April...

a)

25th

b)

1st

c)

30th

d)

15th

6.

(a)   insurance can cover medical expenses

7.

Designer clothes are a

a)

want

b)

need

8.

groceries are a

a)

need

b)

want

9.

putting your money in a place that could make you profit is called a(n)

a)

withdrawl

b)

investment

c)

deposit

d)

deductible

10.

You can drive without liability coverage

a)

true

b)

false