Math - financial literacy

Math - financial literacy

5th Grade

22 Qs

quiz-placeholder

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Math - financial literacy

Math - financial literacy

Assessment

Quiz

Mathematics

5th Grade

Practice Problem

Medium

CCSS
7.RP.A.3, 6.NS.C.5, 6.RP.A.3D

+20

Standards-aligned

Created by

Melissa Lowe

Used 14+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you pay taxes at a store, what kind of tax is it?

sales tax

property tax

income tax

Tags

CCSS.6.RP.A.3D

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you pay taxes on a home or land that you own, what kind of tax is it?

sales tax

property tax

income tax

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you pay taxes on the money you earn, what kind of tax is it?

sales tax

property tax

income tax

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount you earn before taxes and other deductions is called -

gross income

net income

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount you take home after taxes and other deductions is called -

gross income

net income

Tags

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

CCSS.RI.6.5

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you make a plan for your money, it is called -

a budget

gross income

net income

property tax

Tags

CCSS.7.NS.A.1

CCSS.7.RP.A.2

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a balanced budget -

your income matches your expenses

your income is greater than your expenses

your expenses are greater than your income

you can forget about saving money

Tags

CCSS.6.NS.C.5

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