What is the formula for calculating simple interest?
Understanding Economics and Personal Finance

Flashcard
•
Life Skills
•
10th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
2.
FLASHCARD QUESTION
Front
Which economic system is characterized by private ownership and free markets?
Back
Capitalism
3.
FLASHCARD QUESTION
Front
What is the opportunity cost of choosing to spend money on a new phone instead of saving it?
Back
The potential future value of the savings
4.
FLASHCARD QUESTION
Front
Which of the following is a benefit of compound interest? It decreases the amount of interest paid over time, It allows interest to be earned on both the initial principal and the accumulated interest, It simplifies the calculation of interest, It only applies to short-term investments
Back
It allows interest to be earned on both the initial principal and the accumulated interest
5.
FLASHCARD QUESTION
Front
What is the law of demand in economics?
Back
As the price of a good decreases, the quantity demanded increases.
6.
FLASHCARD QUESTION
Front
Which of the following is a type of investment risk? Inflation risk, Tax risk, Budget risk, Savings risk
Back
Inflation risk
7.
FLASHCARD QUESTION
Front
What is the main function of a central bank in an economy?
Back
To control the money supply and interest rates
Create a free account and access millions of resources
Similar Resources on Wayground
17 questions
Investing

Flashcard
•
9th - 12th Grade
15 questions
Chapter 7 Review Game: Investing

Flashcard
•
9th - 12th Grade
14 questions
Investing

Flashcard
•
9th - 12th Grade
15 questions
7.2 - Stocks, Bonds, & Mutual Funds

Flashcard
•
9th - 12th Grade
14 questions
Investing

Flashcard
•
9th - 12th Grade
15 questions
Personal Finance

Flashcard
•
11th - 12th Grade
17 questions
Financial Literacy

Flashcard
•
9th - 12th Grade
15 questions
6.3: Mortgage Application Process

Flashcard
•
11th - 12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade