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Savings And Spending Test Review
Test Description: Review in preparation for a test.
Instructions: Answer all questions to get your test result.
1) opportunities to own a home or start a business should be accessible to whom?
A
Investors
B
The Rich
C
Business owners
D
All
2) Define, Investment
A
Borrowed Money
B
Anything that generates a return
C
Money owed for money lent
D
Something that you borrow from
3) Spending that is not necessary?
A
Mandatory
B
Investments
C
Savings
D
Discretionary
4) pay out (money) in buying or hiring goods or services.
A
Spending
B
Savings
C
Budget
D
Interest
5) a savings account that has a fixed interest rate and fixed date of withdrawal, known as the maturity date.
A
Social Issue
B
Certificate of Deposit
C
Social Issue
D
Promissory Note
6) money paid regularly at a particular rate for the use of money lent.
A
Interest
B
Promissory Note
C
Social Issue
D
Loan
7) Member States have mandated the Secretary-General and the UN System to help them achieve the standards set out in the UN Charter and the Universal Declaration of _______________.
A
Health Rights
B
Human Rights
C
Peace and Security
D
Food Rights
8) a written promise by one party to pay another party a fixed sum of money.
A
Savings
B
Budget
C
Promissory Note
D
Certificate of Deposit
9) On both a personal and national level maintaining a solid _________ rate is one of the best cures for economic woes.
A
Budget
B
Spending
C
Investment
D
Savings
10) Those who yous their own savings and other investments to create businesses are called?
A
Politicians
B
Corporate Sponsors
C
Entrepreneurs
D
Rich People
11) money one has kept, especially through a bank.
A
Savings
B
Spending
C
Investment
D
Loan
12) an estimate of income and expenditure for a set period of time.
A
Certificate of Deposit
B
Loan
C
Budget
D
Interest
13) money paid regularly at a particular rate for the use of money lent.
A
Budget
B
Loan
C
Promissory Note
D
Interest
14) An undesirable condition that people believe should be corrected.
A
Terrorism
B
Social Issue
C
Entitlements
D
Common Currency
15) Which is not a member of the G 8 Summit?
A
Canada
B
USA
C
Saudi Arabia
D
Japan
*select an answer for all questions
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