Financial literacy
Quiz by Jessica Marshall
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9 questions
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- Q1What is the term used for money earned or received?IncomeLoanDebtExpense30s
- Q2What should you do before making a big purchase?Spend all your moneyBorrow moneySave moneyForget about the purchase30s
- Q3What is the purpose of a budget?To ignore moneyTo track and manage moneyTo spend money quicklyTo save money30s
- Q4What is the term used for money that is owed to someone or something?IncomeExpenseSavingsDebt30s
- Q5What is the concept of 'interest' in finances?Money lost foreverMoney given for freeMoney paid for borrowing or savingMoney stolen by banks30s
- Q6If you buy a toy for $5 and you give the cashier $10, how much change should you get back?$10$3$5$230s
- Q7Sara has 3 pennies, 2 nickels, and 1 dime. How much money does she have in total?15 cents10 cents20 cents17 cents30s
- Q8What is the purpose of saving money?To have money for emergencies or future purchasesTo forget about itTo spend it all at onceTo give it away to friends30s
- Q9What is the term used for measuring how much something costs?ValueQualityPriceQuantity30s