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Financial Literacy

Financial Literacy

Assessment

Flashcard

Other

8th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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20 questions

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1.

FLASHCARD QUESTION

Front

What is money paid to the government?

Media Image

Back

tax

2.

FLASHCARD QUESTION

Front

What plan is used to manage money? Options: check, checking account, budget, retirement account

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Back

budget

3.

FLASHCARD QUESTION

Front

What is a fee paid for the use of money?

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Back

interest

4.

FLASHCARD QUESTION

Front

A three-digit numerical rating of how likely you are to pay off your debts is called a:

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Back

credit score

5.

FLASHCARD QUESTION

Front

A yearly federal tax on a person's earnings:

sales tax

,

income tax

,

property tax

,

medicaid

Media Image

Back

income tax

6.

FLASHCARD QUESTION

Front

A city or state tax added to the price of an item you buy:

Media Image

Back

sales tax

7.

FLASHCARD QUESTION

Front

A yearly tax on homes, land, and other property that helps pay for local needs such as schools, firefighters, etc.

Media Image

Back

property tax

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