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3rd Fin. Lit Flashcards | StudBud
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3rd Fin. Lit
3rd Fin. Lit
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Questions
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Answers
1
A person or business that makes something to sell is known as a ________.
consumer
producer
withdrawal
deposit
2
What a bank (or person) does when they give money to someone.
Lending
Consuming
Depositing
Borrowing
3
The opposite of a withdrawal is a ______ (when you put money into the bank).
deposit
producer
borrow
lend
4
Putting money away to spend later is an example of
spending money
producing money
borrowing money
saving money
5
When we go shopping, we are being a ________.
Bank
Lender
Consumer
Producer
6
Some jobs pay more because
they can be done by almost anyone
they require few skills
they require special skills/education
they do not need any education
7
Jeremy is asking his dad for some money to go to the movies with his friends. Jeremy is _____ money.
Lending
Borrowing
Consumer
Depositing
8
When I take my own money out of the bank, I am making a
borrow
spending
lending
withdrawal
9
The fancy name for studying about YOUR money is...
Literacy of rich people
Money, Money and mo' Money Literacy
Personal Financial Literacy
Literature and poetry
10
______ is the money you make for doing work.
Spending
Borrowing
Income
Producing
11
Scarcity is
something that only poor countries have
borrowing money and then paying it back
when there is not enough of something
a place that is haunted