Which term refers to the money received, especially on a regular basis, for work or through investments? Options: Expenses, Paycheck, Income, Savings

Dollars and Sense Review NHS

Flashcard
•
Business
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Income
2.
FLASHCARD QUESTION
Front
What is the form used to report wages paid to employees and the taxes withheld from them?
Back
W2
3.
FLASHCARD QUESTION
Front
Which term refers to the amount of money that is taken out of an employee's paycheck for taxes?
Back
Withholding
4.
FLASHCARD QUESTION
Front
What is the term for the total amount of money required to live, including housing, food, taxes, and other necessities?
Back
Cost of Living
5.
FLASHCARD QUESTION
Front
Which term refers to the report that details an individual's credit history and current credit status?
Back
Credit Report
6.
FLASHCARD QUESTION
Front
What is the definition of a consumer?
Back
One that utilizes economic goods
7.
FLASHCARD QUESTION
Front
What is compound interest?
Back
Earning interest on the principal plus the interest you have already earned
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