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Economics Review 2

Quiz by Josh Ambrosino

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7 questions
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  • Q1
    What is a budget?
    The amount of money on your credit card
    Limit of what you can spend
    How much is in your bank account
    Amount of money that you have
    60s
  • Q2
    What is debt?
    When you take money out of the bank
    Technology in your room
    Money that you owe somebody
    Services and goods
    60s
  • Q3
    What is an example of a house expense?
    Hot Water
    Parking
    Tires
    Cell Phone
    60s
  • Q4
    What is an example of a house expense?
    New Tires
    Electricity
    Movie Tickets
    Clothing
    60s
  • Q5
    What is an expense?
    Money required to pay for something
    When your bank account doesn't have enough money
    When you go for a run outside
    Taking money OUT of the bank
    60s
  • Q6
    What is an example of a car expense?
    Insurance
    Vacation
    Rent/Mortgage
    Hot Water
    60s
  • Q7
    What is neither a car or home expense?
    Heat and Hot Water
    Cable/TV
    Cell Phone
    New Tires
    60s

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