Ramsey CH11 L1& L2
Authored by Aaron Munguia
Mathematics
9th Grade
CCSS covered
Used 4+ times
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29 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "Cost of Living" refer to?
The total amount of money one has saved for retirement.
The average cost of the basic goods and services needed to sustain a certain standard of living.
The amount of money needed to pay for luxury items and services.
The expenses one incurs while purchasing a house.
Tags
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.11-12.5
CCSS.RI.7.5
CCSS.RI.6.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of "House Poor"?
When someone has a house that is too small for their needs.
When someone owns multiple houses and struggles to manage them.
When someone spends so much of their income on the costs of homeownership that they struggle to reach other financial goals.
When someone lives in a house that is considered below the community standard.
Tags
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.11-12.5
CCSS.RI.7.5
CCSS.RI.6.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by "Standard of Living"?
The level of education one has achieved.
The level of wealth, comfort, material goods, and necessities available to a group of people.
The amount of money one earns in a year.
The social status one holds in society.
Tags
CCSS.RL.8.3
CCSS.RL.11-12.9
CCSS.RL.6.3
CCSS.RL.7.3
CCSS.RL.9-10.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to learn about budgeting and developing good money habits before living on your own?
Because it helps in choosing the right career.
Because it is required by law.
Because it helps in understanding how much things cost and in managing expenses without parental support.
Because it ensures that you will never have to work again.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the natural parts of growing up mentioned in the text?
Staying with parents indefinitely
Moving out and living on your own
Avoiding big decisions
Ignoring financial responsibilities
Tags
CCSS.RI. 9-10.2
CCSS.RI.8.2
CCSS.RL.8.2
CCSS.RL.9-10.2
CCSS.RL.7.2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the text, what will your room be furnished with if you're planning to attend college and live on campus?
A meal plan only
Furniture, internet, and a meal plan
Just basic living expenses
Furniture and utilities only
Tags
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.7.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the text suggest you should do when you're done with school and join the workforce, until you can financially afford to buy a home?
Buy a home immediately
Live with your parents
Rent a place close to your work
Dive into independence without a plan
Tags
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.7.5
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