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Financial Literacy-4th grade Flashcards | StudBud

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Financial Literacy-4th grade

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Questions 11

Answers

1
Financial Literacy is
the understanding of money
graphing
Understanding Kahoot
Understanding fractions
2
A cost that changes every month is a
financial institution
profit
variable expense
bank loan
3
An expense that is the same every month is
financial institution
fixed expense
variable expense
profit
4
Two types of expenses are
Rent and water
Gas and Electric
all of the above
fixed and variable
5
An amount of money used to buy goods or services is
expense
financial institution
bank loan
profit
6
An example of a financial institution would be...
A gas station
Wal-Mart
A bank, savings and loans, or a credit union
Payday Loans
7
Solve the problem
$ 40
$ 25
$ 20
$ 15
8
An example of a bank lending you money is
all of the above
to buy a car
to repair your house
to buy a house
9
Which is NOT an example of a variable expense is
your car payment
your rent or house payment
your gas bill
tickets to a concert
10
Which is NOT an example of a fixed expense?
your grocery bill
Your rent or house paymant
your electric bill
your water bill
11
Calculating Profit 4.10B
36.97
120.30
1.203
12.03