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Financial Literacy
Test Description: Financial Literacy
Instructions: Answer all questions to get your test result.
1) Which country is not part of the Middle East?
A
Egypt
B
Saudi Arabia
C
Norway
D
Iraq
2) What is genocide?
A
Allowing all people to have a fair and equal life
B
The mass killing of a group of people
C
When citizens vote for their leaders
D
Permitting citizens to choose how they make a living
3) A shortage of water can lead to all of the following EXCEPT
A
More people voting in elections
B
Limited education
C
Poverty
D
Illness
4) The money for a debit card is taken from your....
A
Bank account
B
Retirement plan
C
Credit card account
D
Savings account
5) Why does the United States depend on Middle Eastern countries?
A
To improve a cultural relationship
B
To help reduce the national debt
C
To obtain resources we don't have much of
D
Middle Eastern countries give the United States military support
6) A ____________ bill from a credit card company arrives detailing all of your purchases and how much you owe.
A
Daily
B
Monthly
C
Bi-monthly (once every two months)
D
Yearly
7) Which of the following is NOT found on your credit card statement?
A
The due date
B
The minimum payment
C
The amount you owe the credit card company
D
How much you would owe in interest if you took a loan from another credit card company
8) Why was OPEC created?
A
Allow only the Middle East countries and their allies to have access to oil
B
Stabilize the price of oil in international markets
C
Decide how much oil a country can buy in a year
D
Determine how oil is processed into gasoline
9) What factor most contributes to high population density in the Middle East?
A
Access to fresh water
B
Cultural diversity
C
A theocratic government
D
Mineral deposits
10) What is culture?
A
A series of small parts coming together to make up a larger piece
B
Examining both sides of a decision
C
A person's food, clothing, music, and religion
D
The transfer of goods, ideas, and services
11) Which religion is most common in the Middle East?
A
Hinduism
B
Judaism
C
Islam
D
Christianity
12) Which of the following would be more likely to occur in a theocracy than a democracy?
A
Citizens can vote on government leaders
B
People can choose whether to attend a mosque, church, or synagogue
C
Women would be granted equal rights
D
Government documents are based on religious texts and beliefs
13) Following the Holocaust, which country was created as a home for the Jewish people?
A
Syria
B
Egypt
C
Iraq
D
Israel
*select an answer for all questions
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