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Chap 18

Business

7th Grade

Used 153+ times

Chap 18
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money taken out of your paycheck to pay for government services are called

accounts

taxes

profits

liabilities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the money that a bank pays you to your savings account?

debits

penalties

credits

interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone with a low credit score

has to pay a higher interest rate

has a history of not paying back debts

may have trouble getting a loan

all of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is owned by its members?

a credit union

a savings and loan

a bank

a credit card company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People used to write checks way more than they do now. What took the place of writing checks?

cash

super checks

a debit card

none of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is better to put your vacation on your credit card than to save money in advance for it.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a reason to put your money in a bank

Ease of paying bills

safety

to earn interest

all of these

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