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Grade 7 Financial Literacy Quiz Flashcards | StudBud
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Grade 7 Financial Literacy Quiz
Grade 7 Financial Literacy Quiz
20 terms
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Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Multiple Choice
$200 Art Supplies
$100 Music Lessons
$75 Gym Membership
$300 Skates
2
Multiple Choice
Income
Expenses
Bank Accounts
Investments
3
True/False
False
True
4
Fill in the blank
Piggy Bank
Credit Card
Debit Card
Expense
5
Fill in the Blank
Stock
Credit Card
Expense
Debit Card
6
Fill in the blank
Do nothing to your
Take away from your
Add to your
7
This is an example of...
Compound Interest Growth
Simple Interest Growth
8
This is an example of...
Simple Interest Growth
Compound Interest Growth
9
Multiple Choice
It grows by the same amount each time interest is collected
It grows "Interest on interest"
It doesn't
10
True/False
True
False
11
Fill in the Blank
Income < Expenses
Income = Expenses
Income > Expenses
12
What is Finance?
Not your friend :(
Your friend!!
13
Fill in the Blank
Do Nothing
Take away from
Add to
14
Multiple Choice
They're the same
$1 USD Can of pop
$2 CAD Chocolate bar
15
Multiple Choice
$1 000 Chinese Renminbi
$163.04 New Zealand Dollars
$112.90 Euros
16
Fill in the Blank
Do nothing
Add to
Take away from
17
True/False
True
False
18
Fill in the blank
Compound
Interesting
Negative
Simple
19
Fill in the blank
Do nothing to your
Take away from your
Add to your
20
Multiple Choice
Canadian Dollar
Chinese Renminbi
New Zealand Dollar
European Euro