Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
Give this quiz to my class
Q 1/30
Score 0
In most cases, a new high price top of the line cell phone is an example of a need
60
False
True
Q 2/30
Score 0
The first step in financial planning is to determine your current financial status.
60
False
True
30 questions
Q.
In most cases, a new high price top of the line cell phone is an example of a need
1
60 sec
Q.
The first step in financial planning is to determine your current financial status.
2
60 sec
Q.
Saving money for the holidays is an example of a long-term goal.
3
60 sec
Q.
The main cause of inflation is an increase in demand without increase in supply.
4
60 sec
Q.
The time value of money is the amount your original deposit will be worth in the future, based on earning a specified interest rate over a set period of time.
5
60 sec
Q.
You can buy and touch intangible items.
6
60 sec
Q.
Supply and demand are examples of market forces.
7
60 sec
Q.
Interest rates provide an indicator of how well people are living.
8
60 sec
Q.
A series of equal, regular deposits is called annuity.
9
60 sec
Q.
The Federal Reserve System is the central banking system of the United States.
10
60 sec
Q.
The ways in which people make, distribute, and use their goods and services is called the
11
60 sec
Q.
Earning interest on previously earned interest is called
12
60 sec
Q.
Financial plans that are more than five years off are called
13
60 sec
Q.
The trade-off made by making one choice instead of another is commonly referred to as a(n)
14
60 sec
Q.
Saving for a vacation next summer or paying off small debts by the end of the year are examples of
15
60 sec
Q.
The amount of goods and services available for sale is called
16
60 sec
Q.
Spending, saving, and investing to have the kind of life you want and financial security can be achieved by
17
60 sec
Q.
The central banking organization of the United States is called the
18
60 sec
Q.
Hairstyling and bookkeeping are example of
19
60 sec
Q.
A series of equal, regular deposits is called
20
60 sec
Q.
The amount that your original deposit will be worth in the future based on a specific interest rate over a specific period of time is a(n)
21
60 sec
Q.
The amount of money you need to deposit now to attain a desired amount in the future is called
22
60 sec
Q.
The amount of goods and services people are willing to buy
23
60 sec
Q.
The general rise in the level of prices for goods and services over time
24
60 sec
Q.
The increase in an amount of money as a result of interest or dividends earned
25
60 sec
Q.
The beliefs and principles that a person considers important, correct, and desirable
26
60 sec
Q.
The study of the decisions that go into making, distributing, and using goods and services
27
60 sec
Q.
The amount of money deposited and on which interest is paid
28
60 sec
Q.
The way you spend, save, and invest your money to have the kind of life you want as well as financial security
29
60 sec
Q.
The ability to easily convert financial resources into cash without loss of value
