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All About Money Multiple Choice Test

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All About Money

We are going to play a review game on spending, borrowing, and saving money. The standard I used is 5.E.2. Understand that personal choices result in benefits or consequences. 5.E.2.2. Evaluate the costs and benefits of spending, borrowing and saving.

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What is a plan for how much income will be received and how much it will be spent?

What does it mean to pay for something?

What does it mean to (receive) money with the intention of returning the same plus interes?

What is an amount of money that is given to someone for a period of time with a promise that it will be paid back?

What is the amount of money that is needed to pay for or buy something?

What is the money a person has set aside to save?

What is the money left in your account

What is an amount of money that is given to someone regularly or for a specific purpose?

What is a tax paid on the money that a person or business receives as income?

What is the currency used by consumers. In the U.S.A. we use dollars and cents.

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