Civics Ch. 18 Test

Front

A budget should include _____________ even though these expenses, such as food or entertainment, cannot always be predicted.

Back

variable expenses

Front

When a company's stock makes a profit, shareholders receive

Back

dividends

Front

__________, such as medical care and paid vacations, mean that workers do not have to set aside a portion of their incomes for such purposes.

Back

fringe benefits

Front

Planning a budget includes providing for __________ like rent and insurance that occur every month.

Back

fixed expenses

Front

Many people enjoy leisure activities with the ____________ they receive after taxes have been taken out of their paychecks.

Back

disposable income

Front

The amount of pay you receive for work is called

Back

earned income

Front

Workers who earn money for every unit of product they make are paid based on

Back

piecework

Front

A car loan payment that is the same every month is a

Back

fixed expense

Front

Which of the following is not a form of additional income?
Dividends,
Commission,
Credit card interest,
Selling your old bike

Back

Credit card interest

Front

Which of the following is not considered earned income? wage, commission, bonus, savings

Back

savings