All About Money Question Preview (ID: 39924)


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. TEACHERS: click here for quick copy question ID numbers.

What is a plan for how much income will be received and how much it will be spent?
a) Income
b) Budget
c) Economics
d) Saving

What does it mean to pay for something?
a) Spending
b) Saving
c) Borrowing
d) Economics

What does it mean to (receive) money with the intention of returning the same plus interes?
a) Economics
b) Save
c) Borrow
d) Spend

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?
a) Lending
b) Taking in money
c) Saving money
d) Take in money then save

What is the amount of money that is needed to pay for or buy something?
a) Debit card
b) Spending
c) Savings Account
d) Expenses

What is the money a person has set aside to save?
a) Savings
b) Spending
c) Economics
d) Credit card

What is the money left in your account
a) Saving money
b) Balance
c) Spending
d) Savings account

What is an amount of money that is given to someone regularly or for a specific purpose?
a) Savings account
b) Lending
c) Allowance
d) Debit card

What is a tax paid on the money that a person or business receives as income?
a) Borrowing
b) Spending
c) Taxes
d) Income Tax

What is the currency used by consumers. In the U.S.A. we use dollars and cents.
a) Pesos
b) Money (USD)
c) Debit card
d) Cents

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