Personal Finance and Budgeting

Personal Finance and Budgeting

7th Grade

25 Qs

quiz-placeholder

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CHAPTER 1: OUR FAMILY

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Personal Finance and Budgeting

Personal Finance and Budgeting

Assessment

Quiz

Social Studies

7th Grade

Easy

Created by

Pebbles Pence

Used 1+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Large supply of goods+Low demand for product = 
Price Goes Up
Price Goes Down
Price Stays the Same

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small supply of goods+high demand for product=
Prices Goes Up
Price Goes Down
Price Stays the Same

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Medium of exchange used to buy goods and services.
Credit
Investing
Saving
Money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is not an example of money?
Currency
Debit Cards
Credit
Checks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you _________your income, you are trading your money in exchange for goods or services.
Save
Spend

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Delaying current spending in order to pursue an activity with greater financial benefits in the future.
Saving
Spending
Budget
Investing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buy something now and pay for it later. 
Credit
Debit
Investing
Spending

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