What lists all the expenses and resources available for spending?
Unit 2 Financial Literacy Review Day 1

Quiz
•
Social Studies
•
4th Grade
•
Hard
Amari Jones
Used 14+ times
FREE Resource
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
a budget
a list
a check
wants
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What should be taken care of first?
the budget
needs
income
wants
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What does everyone choose between everyday?
needs and wants
needs and expenses
budget and wants
expenses and budget
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
A __________ is someone who makes a good or provides a service.
producer
supplier
consumer
economist
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
People who buy goods and services are called __________.
producer
supplier
consumer
economist
6.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
When a consumer doesn't buy enough of a good or service it may cause producers to __________ the cost of it.
increase
remove
decrease
cancel
7.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is the purpose of an advertisement?
to raise the cost of a service
to warn consumers it is not for them
to bring attention to a product
to shield customers from peer pressure
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