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Biztown-Vocabulary Financial Literacy and Community and Economy Flashcards | StudBud

Explore/Biztown-Vocabulary Financial Literacy and Community and Economy

A prototype is a model of a product.

A______________is received for work completed.

Biztown-Vocabulary Financial Literacy and Community and Economy

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Questions 10

Answers

1
A______________is received for work completed.
deposit ticket
paycheck
bill
checking account
2
A prototype is a model of a product.
True
False
3
A _________ is money borrowed that must be repaid, usually with interest.
debit card
employer
loan
payroll
4
Circular Flow is...
movement of goods, services, resources, and money in an economy
a bank account used to pay bills
a business that sells good and services
a place where goods are kept
5
members of a town, city, county, state, country
employees
employers
taxes
citizens
6
A_____________is the amount of money left after all business expenses are paid.
deposit
paycheck
employer
profit
7
To endorse a check, you sign your name in the FRONT of the check.
False
True
8
Balance is the current money in an account.
False
True
9
A philanthropist...
contributes to society by giving away all of their belongings.
contributes to society by firing many people.
contributes to society by employing only members of their own family.
contributes to society by donating time, wealth, or talent.
10
Services can include: (two are correct)
clothes
haircuts
food
repair work