Money/Finance Unit

When money goes into the bank, it is called a _.

• withdrawal

• deposit

• overdraft

Expenses in a budget is money spent, true or false?

• True

• False

In a budget, can you have unexpected expenses, yes or no?

• Yes

• No

When money is taken out of the bank it is called a _.

• withdrawal

• deposit

• loan

When you create a product then you are a _.

• Consumer

• Producer

A loan from a bank is interest-free, true or false?

• True

• False

A product can be a _.

• good or service

• loan

• expense

• debit

When you buy a good or service then you are a _.

• Consumer

• Producer

What is a bank?

• A place where you can buy toys

• A place where you can swim

• A place to safely keep your money

• A type of airplane

What is interest?

• A hobby or something you like to do

• Money that you pay to borrow money or earn for saving money

• A new video game

• A type of food