Money Matters TEKS Test Review

Match it! Select the correct answer from the pull down...Good luck!

According to the rule of 72, how long will it take your investment to double in value if it earns 6% compounded interest?

Assets + Liabilities = Net Worth

The ___________________ is the point where supply and demand are equal.

A mixed economy combines elements of a _________________ economy and a ________________ economy.

When a nation is able to produce products more efficiently than other countries, it is said to have

Most nations of the world can be classified as having a ______________ economy.

A(n) ______________ is the value of a currency of one country compared with the value of another.

The main purpose of personal financial planning is to