Dave Ramsey Bargain Shopping Test

Dave Ramsey Bargain Shopping Test

Assessment

Flashcard

Mathematics

12th Grade

Hard

CCSS
RI.11-12.5, L.11-12.4C, RI.9-10.5

+10

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

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15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is Opportunity Cost?

Back

The financial opportunity that is given up because you choose to do something else with your money.

2.

FLASHCARD QUESTION

Front

What does 'walk-away power' refer to?

Back

The ability to walk away from a deal if it does not meet your needs or expectations.

Tags

CCSS.RI. 9-10.8

CCSS.RI.11-12.5

CCSS.RI.11-12.8

CCSS.RI.8.8

CCSS.RI.9-10.5

3.

FLASHCARD QUESTION

Front

What is an Estate Sale?

Back

A type of yard sale with more items, usually the entire contents of a household.

4.

FLASHCARD QUESTION

Front

Does using cash give you more bargaining power than using credit?

Back

True.

5.

FLASHCARD QUESTION

Front

What is the 'If I take away' technique?

Back

A negotiation strategy used to create leverage by suggesting what the buyer would lose if they do not agree.

Tags

CCSS.RI. 9-10.8

CCSS.RI.11-12.5

CCSS.RI.11-12.8

CCSS.RI.8.5

CCSS.RI.9-10.5

6.

FLASHCARD QUESTION

Front

Define Bargaining Power.

Back

The ability to influence the terms and conditions of a deal.

7.

FLASHCARD QUESTION

Front

What is a Garage Sale?

Back

A sale of used goods, typically held in a garage or yard, where individuals sell items they no longer need.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

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