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Economic Activity and Financial Literacy Quiz - Big Hair Edition Flashcards | StudBud
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Economic Activity and Financial Literacy Quiz - Big Hair Edition
Economic Activity and Financial Literacy Quiz - Big Hair Edition
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1
Student loans should not exceed
25% of your monthly income
half of your monthly income
half of your annual income
10% of your monthly income
2
Subsistence farms
never have enough water
are mostly in wealthier countries
mostly just feed a family or a village
are large
3
What is the MAIN reason 25% of American households are unbanked or underbanked?
not enough money to open and maintain an account
check cashing places are cheaper
their credit scores are too low
they use bitcoin
4
Earns no interest or dividends and not always safe
bonds
stocks
savings account
cash
5
Tip Credits
guarantee high wages
are legal in Nevada
let some businesses pay less than minimum wage
are good for workers, but not employers
6
Which of these is one of the 5 single largest importers to the U.S.?
France
South Korea
Brazil
Germany
7
Arable land
is at the bottom of oceans
mostly in deserts
can be farmed
on mountaintops
8
China has a free market economy
true
false
9
Which is a tertiary economic activity?
research
manufacturing
hairdressing
fishing
10
Which of these is a requirement for a Millenium Scholarship?
proof of citizenship
4 years of high school math
2.5 Grade Point Average
graduate from a public high school in Nevada
11
What is Japan's most valuable resource?
fish
oil
earthquakes
people
12
Worldwide, resources
are found only on islands
are equally valuable
are almost all in the southern hemisphere
are unevenly distributed
13
Which is a primary economic activity?
teaching
medicine
retail
forestry
14
All but one of these is connected to measuring national poverty levels.
availability of electricity
abundant natural resources
access to sanitation
access to education
15
To invest in many types of industries and securities
divide
diversify
industrialize
domesticate
16
The largest percentage of America's economy is based in
services
manufacturing
government
agriculture
17
A varied climate is beneficial
True
False
18
Total value of all annual goods and services
Gross domestic product
Total annuity
Per capita Gross Domestic Product
Supply and Demand
19
An investment that divides up your money into several smaller investments
mutual fund
savings bond
savings account
stocks
20
Supply and demand economy with little government interference
command
free market
unregulated
diversified