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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
The Rich
B
Investors
C
Business owners
D
All
2) Define, Investment
A
Anything that generates a return
B
Borrowed Money
C
Something that you borrow from
D
Money owed for money lent
3) Spending that is not necessary?
A
Investments
B
Savings
C
Mandatory
D
Discretionary
4) pay out (money) in buying or hiring goods or services.
A
Savings
B
Spending
C
Interest
D
Budget
5) a savings account that has a fixed interest rate and fixed date of withdrawal, known as the maturity date.
A
Promissory Note
B
Certificate of Deposit
C
Social Issue
D
Social Issue
6) money paid regularly at a particular rate for the use of money lent.
A
Loan
B
Social Issue
C
Interest
D
Promissory Note
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
Food Rights
B
Health Rights
C
Human Rights
D
Peace and Security
8) a written promise by one party to pay another party a fixed sum of money.
A
Savings
B
Promissory Note
C
Budget
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
Investment
B
Savings
C
Budget
D
Spending
10) Those who yous their own savings and other investments to create businesses are called?
A
Corporate Sponsors
B
Politicians
C
Rich People
D
Entrepreneurs
11) money one has kept, especially through a bank.
A
Loan
B
Savings
C
Investment
D
Spending
12) an estimate of income and expenditure for a set period of time.
A
Certificate of Deposit
B
Budget
C
Interest
D
Loan
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
Common Currency
B
Entitlements
C
Social Issue
D
Terrorism
15) Which is not a member of the G 8 Summit?
A
Saudi Arabia
B
Canada
C
USA
D
Japan
*select an answer for all questions
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