Personal Finance & Economics

Personal Finance & Economics

8th Grade

28 Qs

quiz-placeholder

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Personal Finance & Economics

Personal Finance & Economics

Assessment

Quiz

Other Sciences

8th Grade

Practice Problem

Medium

Created by

Glenn Dukes

Used 109+ times

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28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial institution licensed to receive deposits and make loans.

bank
credit union
savings house
credit house

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Estimate of income and expenditures for a set period of time.

check
deposit
loan
budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percent of the population over 15 that can read and write.

reading rate
literacy rate
writing rate
reading %

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much of something people want.

supply
demand
scarcity
economics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sum of money placed or kept in a bank account, usually to gain interest.

deposit
check
profit
supply

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cost that varies with the level of output.

fixed costs
profit
variable costs
savings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Gifts of nature" that are used to produce goods and services.

natural resources
human resources
capital goods
entrepreneurship

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