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Duplicate of Financial Literacy Grades 3-4 Flashcards | StudBud
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Duplicate of Financial Literacy Grades 3-4
Duplicate of Financial Literacy Grades 3-4
20 terms
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StudBud Administration
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42 plays
financial literacy
Flashcards
20 cards
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Questions
20
Answers
1
Read carefully and solve the following word problem.
$15
$25
$35
$5
2
True or False: The more human capital a person has, the better job he/she can get.
False
True
3
How much money is shown in the following picture?
$4.53
$4.62
$4.50
$4.57
4
_____________________ is defined as the special skills, experience and education a person has.
income
human capital
employer
employee
5
What is an example of a planned expense?
college tuition
loan payment
All of these are planned expenses
rent/house payment
6
Read and answer the problem below.
No, interest rate is too high
Yes
7
Why is it important to save money?
So you can buy something expensive.
Neither of these are correct.
Both of these are correct.
So you can pay for unplanned expenses.
8
What is NOT a synonym for income?
paycheck
expense
salary
earnings
9
What human capital does a veterinarian have?
interned at a vet clinic
good with animals
all of these examples of human capital
degree from a university
10
What is money you earn from doing a job?
expense
income
11
Read carefully and solve the word problem below.
$9
$6
$5
12
You buy a sandwich for $4.00. You give the clerk $20.00. How much change do you get back?
$16.00
$16.50
$24.00
13
What is an example of an unplanned expense?
electric bill
loan payment
you get a flat tire
monthly rent
14
True or False: You should always spend money on needs before you spend money on wants.
False
True
15
How much money is shown in the picture below?
$3.17
$3.47
$3.87
$3.92
16
Read and answer the word problem below.
The cost will not change
The cost will go down
The cost will go up
17
What is a responsible way to use a credit card?
A. pay my rent every month
B. only in emergencies
C. purchase something I need then pay it off quickly
B and C only
18
__________ is how much of a product or resource you have.
demand
supply
19
Read and answer the word problem below.
the cars will be more expensive
these cars will be cheaper
only the rich will be able to afford the cars
20
When something is scarce, that means...
there is NOT a lot of that product
There is a lot of that product.
