Spring 25 PF Final
Authored by Zach Burnette
Social Studies
9th - 12th Grade
Used 3+ times
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37 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition, “anything that is owned by an individual, including money in the bank or investment.”
Asset
Net worth
Loan Shark
Net Income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition, “all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time.”
Net Worth
Loan Shark
Asset
Personal Finance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition. “the knowledge and skill base necessary for people to be informed consumers and manage their finances effectively.”
Personal Finance
Consumerism
Financial Literacy
Principal
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition, “the amount by which the value of a person’s assets exceeds or falls behind the value of their liabilities.”
Gross Income
Dividend
Net Worth
Net Income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition, “what a person earns after payroll taxes and other deductions are taken out; often referred to as take-home pay.”
Gross Income
Net Income
Equity
Interest Rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition, “person or entity that charges borrowers interest rates above an established legal rate.”
Predatory Lender
Amygdala
Loan Shark
Credit Union
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term best fits the following definition, “the persistent rise in the cost of goods and services over time.”
Inflation
Return on Investment
Interest Rate
Liquidity
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