Ch. 21 Economics
Authored by Caitlyn Lance
Social Studies
4th Grade
Used 13+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A budget helps you by (choose 3 answers)
organizing personal finances
makes you spend your money impulsively
manage your cash flow
making personal economic decisions for the present and future
making sure your finances are not balanced
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost is
a plan of how to use income
what you give up to get something else
what you give up as a result of decision
money that is earned
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Opportunity Cost is
the good thing you get as a result of a decision
money you spend to buy or do something
to give away income to help other people
what you give up to get something else
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Benefit is
money that is earned
the good thing you get as a result of a decision
to use income to buy goods or services
to give away income to help other people
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Budget is
to keep income for future use
money you spend to buy or do something
a plan of how to use income
to give away income to help other people
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income is
money that is earned
money that is taken away
a plan of how to use income
what you give up as a result of a decision
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expense is
to use income to buy goods or services
money that is earned
a plan of how to use income
money you spend to buy or do something
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