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Behavioral Economics Bell Ringer 1

Total questions: 3

Worksheet time: 2mins

Name
Class
Date
1.

Naresh started a new job and is having some of his paycheck deposited directly into a savings account. Which of the following values BEST explains why Naresh does this on a regular basis?

a)

Inner

b)

Social

c)

Physical

d)

Financial

2.

You overhear your friend Ginny say, "I made a budget for myself in my personal finance class and used my values to decide how I want to use my money." What does Ginny mean by this?

a)

Ginny used the value of her bank account balance to decide how to use her money

b)

Ginny asked her friends and family for advice to decide how to use her money

c)

Ginny followed recommendations she saw on social media to decide how to use her money

d)

Ginny identified what is important to her and used that knowledge to decide how to use her money

3.

What are social values, as they pertain to money?

a)

How you, personally, care and think about finances

b)

How your family, friends, and community members impact your feelings about money

c)

How companies and advertisement make you feel about money

d)

How banks and other financial institutions treat you and your money