Disposable Income

Disposable Income

University

9 Qs

quiz-placeholder

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Disposable Income

Disposable Income

Assessment

Quiz

English

University

Medium

CCSS
RI.11-12.7, 6.EE.A.1, 7.RP.A.3

+6

Standards-aligned

Created by

Như Nguyễn

Used 21+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money left over after paying your bills and basic living necessities is called:

Discretionary Income

Expenses

Savings Account

Disposable Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money received on a regular basis for work or through investments

Values

Taxes

Fixed Cost

Income

Tags

CCSS.RI.11-12.7

CCSS.RI.8.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.9-10.7

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The two main factors affecting Disposable Income are:

Direct Taxes and Nominal Income

Foreign Investment and Nominal Income

Technical Knowledge and Nominal Income

Political Stability and Nominal Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money left over after taxes is called:

Discretionary Income

Disposable Income

Income Tax Check

Income Extra

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Formula for Disposable Income

Disposable Income = Personal Income + Taxes

Disposable Income = Stock Income - Personal Income

Disposable Income = Personal Income - Taxes

Disposable = Personal Income - Money to buy products that you want

Tags

CCSS.6.EE.A.1

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many steps are usually used to calculate Disposable Personal Income?

2

3

4

5

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jin Pyo is a teacher who is teaching in Havard University. He earnes $5000 by teaching in school. He also earned $200 by selling his stock. Of these, $800 goes to taxes. How much is his Disposable Income?

$5000

$6000

$3900

$4400

Tags

CCSS.7.NS.A.3

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economists see how consumers save, spend and borrow through DPI

True

False

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Andrew earned $3000 by working at Apple. Of these, $700 goes to the taxes and $200 goes to his medical insurance (charges). So how much is his Disposable Income?

$2100

$3900

$2500

$1900

Tags

CCSS.7.EE.B.3