
Chapter 2 Quiz
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Medium
Ali ali.alsaadi@ops.org
Used 6+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a wage?
Pay for each month worked
Pay for each year worked
Pay for each hour worked
Pay for each project completed
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of income is gambling winnings classified as?
Earned Income
Unearned Income
Variable Income
Passive Income
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is considered a form of unearned income from private sources?
Salary
Dividends
Wages
Overtime pay
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of an in-kind payment?
Check
Debit card
Money
Goods or services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a form of unearned income?
Interest
Salary
Pensions
Capital gain
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a government transfer payment?
In-Cash Payments
In-Kind Payment
Dividends
Transfer payments
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a form of unearned income from government sources?
Dividends
In-Cash Payments
Rental income
Capital gain
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