How quickly and easily assets can be accessed and converted into cash.
Savings Review

Quiz
•
Other
•
10th - 12th Grade
•
Medium
Crystal Huddleston
Used 101+ times
FREE Resource
42 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest
Liquidity
Goal
Interest
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The portion of current income not spent on consumption.
Interest
Savings
Wealth
Liquidity
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The price of money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Everything an individual or household owns with monetary value.
Assets
Liability
Owner's Equity
Wealth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wealth is a measurement of how much a person or household owns once all debts have been paid.
True
False
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The percentage rate paid on money invested or saved.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Principal is the original amount of money saved or invested.
True
False
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