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SS7E10 - Personal Money Management

Authored by J. Thompson

Geography

7th Grade

Used 61+ times

SS7E10 - Personal Money Management
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is interest?

Money earned by working.

Money received by gifts.

Fees charged for borrowing.

Buying now and paying later.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is sacrifice?

Making good choices.

Going without good and services.

Exchanging one thing for another.

Giving up something to do something else.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is investing?

Money earned by working.

Putting money away for later.

Taking a risk with your money.

Buying now and paying later.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where does money come from?

The money factory.

The government prints it.

College school boards.

Parents to children, back to parents.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is saving?

Money earned by working.

Putting money away for later.

Taking a risk with your money.

Buying now and paying later.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the government dispose of old money?

They give it away to the poor.

Banks loan it citizens.

They shred it.

Recycle it to make notebook paper.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is credit?

Money earned by working.

Money received by gifts.

Fees charged for borrowing.

Buying now and paying later.

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