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Value of Money Quiz

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

An economic system where private individuals own and control production and prices:

a)

Cash flow

b)

Capitalism

c)

Free market

d)

Socialism

2.

The exchange of goods, technology, capital, and services across national borders:

a)

International Trade

b)

World Wide Web

c)

Global Exchange

d)

International Business

3.

An economic concept that describes items or products used in a business is called:

a)

Demand

b)

Supply

c)

Consumer

d)

Salary

4.

The way the government or a society organizes good, services, production, or distribution is called:

a)

Economic System

b)

Return on Investment

c)

Capitalism

d)

Free Market

5.

A fixed regular payment that is made often monthly made by an employer to a professional:

a)

Hourly wage

b)

Monthly expenses

c)

Salary

d)

Profit

6.

Where there is a want or need countries exchange good and services with one another:

a)

Global work

b)

World Wide Web

c)

International Business

d)

International Trade

7.

A plan that keeps you on path to accomplish your goals financially:

a)

Return on Investment

b)

Socialism

c)

Salary

d)

Budgeting

8.

A ratio that measures the profit comparing its gains and losses:

a)

Return on Investment

b)

Salary

c)

Demand

d)

Profit

9.

A person who buys product and services for personal use is called:

a)

Entrepreneur

b)

Budgeting

c)

Consumer

d)

Supply

10.

Bringing goods into a country is called:

a)

International Trade

b)

Importing

c)

International Business

d)

Exporting

11.

An economic system where all the decision are made by the government:

a)

Full-time

b)

Economic System

c)

Capitalism

d)

Socialism

12.

An economic system based on supply and demand:

a)

Demand

b)

Supply

c)

Free Market

d)

Economic system

13.

A person that starts their own business

a)

Consumer

b)

Entrepreneur

c)

Free Market

d)

Cash Flow

14.

Money coming in and going out a business:

a)

Profit

b)

Importing

c)

Cash Flow

d)

Exporting

15.

Financial gain that results in revenue a larger price than the purchase price:

a)

Cash Flow

b)

Hourly Wage

c)

Salary

d)

Profit

16.

Sending goods to another country:

a)

Importing

b)

Exporting

c)

International trade

d)

Consumer

17.

The desire for people to buy a product is called:

a)

Supply

b)

Cash flow

c)

Demand

d)

Consumer

18.

Typically working 4 hours a day

a)

Full-Time

b)

Cash Flow

c)

Part-Time

d)

Budgeting

19.

Am employee is paid a rate per hour that they agreed upon:

a)

Hourly wage

b)

Salary

c)

Part time

d)

Full time

20.

Typically working 8 hours a day:

a)

Part time

b)

Hourly wage

c)

Profit

d)

Full time