M.A.P.S. Pretest

Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a Debit Card?
Back
A debit card is a payment card that deducts money directly from a consumer's checking account to pay for a purchase.
2.
FLASHCARD QUESTION
Front
What is Opportunity Cost?
Back
Opportunity cost is the value of the next best alternative that is forgone when making a decision.
3.
FLASHCARD QUESTION
Front
What is a Negative Incentive?
Back
A negative incentive is a penalty or consequence that discourages a behavior, such as fines for late book returns.
4.
FLASHCARD QUESTION
Front
What does it mean to own stock in a company?
Back
Owning stock means you own a share of the company, which represents a claim on part of the company's assets and earnings.
5.
FLASHCARD QUESTION
Front
What should you save before renting an apartment?
Back
You should save enough to cover the first month's rent, the last month's rent, and the security deposit.
6.
FLASHCARD QUESTION
Front
What is a Credit Card?
Back
A credit card is a payment card that allows the cardholder to borrow funds from a pre-approved limit to pay for goods and services.
7.
FLASHCARD QUESTION
Front
What is a Price Incentive?
Back
A price incentive is a financial motivation to encourage a specific behavior, such as discounts or promotions.
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