WorksheetsS25TH - Logistics and Intro
Total questions: 29
Worksheet time: 15mins
Name
Class
Date
1.
A millionaire is someone with _____ of $1million or more.
a)
net worth
b)
assets
c)
income
d)
liabilities
e)
expenses
2.
Which of these are included in your net worth:
a)
Assets
b)
Liabilities
c)
Income
d)
Expenses
3.
Which of these would you do if you want to own a part of a company?
a)
Buy stock in the company
b)
Buy bonds of the company
c)
Either of these
d)
Neither of these
4.
Which of these would you do if you want to loan money to a company?
a)
Buy stock in the company
b)
Buy bonds of the company
c)
Either of these
d)
Neither of these
5.
Which of these are normally higher risk:
a)
Stocks
b)
Bonds
6.
Which of these are normally higher return:
a)
Stocks
b)
Bonds
7.
If you want your money to make money for you, you need to _____.
a)
Invest
b)
Save
c)
Both of these
d)
Neither of these
8.
To build your emergency fund, you should _____.
a)
Invest
b)
Save
c)
Both of these
d)
Neither of these
9.
The average apartment rent in Wichita is about $800. If you plan to rent an apartment, you will probably need to pay the landlord $ ____ before you can move in.
a)
$80
b)
$800
c)
$1,600
d)
$2,400
10.
On Closing Bell Work, if you don't have any questions about what we learned, it is ok to type:
a)
"None"
b)
"N/A"
c)
"Nah"
d)
Any of these
e)
None of these
11.
Which of these should you include in every Closing Bell Work that you turn in:
a)
A list of the topics that we learned
b)
A summary of the things that we learned
c)
A question about what we learned
d)
All of these
e)
None of these
12.
Which of these should you include in every Closing Bell Work that you turn in:
a)
A list of the things that we did in class
b)
A summary of the things that we did in class
c)
A question about what we did in class
d)
All of these
e)
None of these
13.
What does R.A.T. stand for?
a)
Research, Analysis, and Testing
b)
Read, Answer, Teach
c)
Review, Argumentation, Technology
d)
None of these
14.
What type of questions are ok for you to create for the Quizlet?
a)
Multiple choice
b)
Matching
c)
True or False - but if the answer is false, you must explain why it is false.
d)
Fill in the blank
e)
Short answers
15.
The final in this class is important because:
a)
It is 10 % of your grade for the class
b)
You can use your percentage from the final for the final and also apply it to one Quest with a lower percentage
c)
Both of these
d)
Neither of these
16.
Google Forms stops "Accepting Responses":
a)
As soon as the due date passes
b)
As soon as the Google Form is graded
c)
As soon as the grades are entered into Synergy
d)
None of these
e)
All of these
17.
If you don't turn in Closing Bell Work before the Google Form is closed, or you can make those points up by:
a)
Showing up for Saturday School
b)
Doing Makeup Closing Bell Work
c)
Showing up for Advocacy
18.
If you miss a Quiz or Quest or Test, you can make it up:
a)
After School
b)
During lunch
c)
During Advocacy - on days that we are allowed to pass
d)
Saturday School
19.
Make-up work and re-takes must happen during Saturday School or Advocacy:
a)
Before the end of the semester
b)
Before the spring equinox
c)
Before the Chiefs win another Super Bowl
d)
Before we finish the next unit
20.
The biggest reason we have so many millionaires in America is because:
a)
Millionaires put their investment money in savings accounts
b)
Millionaires put their investment money in hole they dug in their back yard
c)
Millionaires put their investment money in expensive cars and boats and houses
d)
Millionaires put their investment money in Treasury Bonds
e)
Millionaires put their investment money in the stock market
21.
The higher your income is, the _____ you set the bar for what it means to be "rich."
a)
higher
b)
lower
c)
Both of these
d)
Neither of these - rich is rich no matter how much money you make.
22.
Which of these is the best measurement of wealth:
a)
Income
b)
Expenses
c)
Assets
d)
Liabilities
e)
Net Worth
23.
How do you calculate someone’s net worth?
a)
Debts minus liabilities
b)
Liabilities minus savings
c)
Assets minus liabilities
d)
Assets minus savings
24.
What ONE THING do you ALWAYS use when buy food, travel, go to college, or own a home?
a)
Assets
b)
Liabilities
c)
Income
d)
Expenses
e)
Net Worth
25.
When you borrow money, you will have to pay the lender ____.
a)
Interest
b)
Income
c)
Taxes
d)
All of these
e)
None of these
26.
Which of these should is not a true statment about financial literacy:
a)
You should learn as much about it as you possibly can.
b)
You should think about your own financial decisions, and the decisions of others around you.
c)
Any mistakes you make with personal finance are permanent and can't be fixed.
27.
How do banks make their money if you have a lot of money deposited there?
a)
They use your money to earn interest for themselves.
b)
They charge you a monthly fee.
c)
Neither of these
d)
Both of these
28.
How do banks reorder what you spend your money on (with checks or a debit card)?
a)
From highest to lowest dollar amounts, so they can charge more overdraft fees.
b)
From lowest to highest dollar amounts, so they can charge more overdraft fees.
c)
Alphabetically, so you can find them easier.
d)
None of these - banks don't reorder anything.
29.
Why would lenders charge you a higher interest rate if you have a lower credit score:
a)
A lower score means higher risk, and higher risk means the bank needs a higher return.
b)
A lower score means lower risk, and lower risk means the bank needs a higher return.
c)
They can't use the same rates for everyone, because then their preferred customers wouldn't feel "special."
d)
None of these are true - it is illegal to charge different interest rates.
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