Financial Literacy Unit 1

Is gross pay before or after taxes?

A large portion of tax revenue is spent on our military.

What is the date by which federal income tax must be filed?

Which of the following is also known as "take home pay"?

An item is $250.00.  It is marked 35% off.  What's the new price?

What income should be reported to the U.S. government?

What does the "T" stand for in the SMART goal setting strategy?

Joe invested $200 in a CD that earns 4% interest.  How long will it take to double his money?

How is net worth figured?

Which transaction would not be made in a cashless society?

Who is credited with discovering the Rule of 72?

What is one main job of the Federal Reserve?

What is the name of the form your employer sends you in January?

What two things do you need to know to write a budget?

Which one is not a career in finance?

How long will it take James to double $500 at a 3.5% interest rate?  Use the rule of 72.

What does the "M" stand for in the SMART goal setting strategy?

Which one is not a  role of the United States Treasury?

What is the system in which goods are traded for goods?

Which one is not considered an employee benefit?