Terms

Define income

• Revenue received for goods or services ,or from other sources. the money amount received from ones employment .

• used as a medium exchange of money

• the form or system of rule by which a state or community is governed

• all the above

expense is a cost or__________

a financial gain especially the difference between the amount earned and the amount spent in buying ,operating or producing something

• economics

• profit

• currency

• income

what is a consumer?

• a person who purchases goods and services for personal use

• natural resources

• a minor change or addition designed to improve a text or legislation

• none of the above

define economics

• the science that deals with production, distribution ,and the consumption of goods and services ,or the material welfare of humankind .

• something expected or required to do for moral or legal obligation

• all of the above

• a native or naturalized member of a state or nation .

It's okay to only write the money amount in numbers. You don't have to write it in words too.

• True

• False

When spelling out large numbers, use a hyphen to connect the two words. For example: twenty-two

• True

• False

Never sign a blank check.

• True

• False

It's safer to print instead of sign your name at the bottom of the check.

• True

• False

what goes in the right hand corner of a check?

• who your paying to

• your signature

• dollar amount in word form

• the date