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Financial Literacy Vocab- Unit 11 Flashcards | StudBud

Explore/Financial Literacy Vocab- Unit 11

Financial Literacy Vocab- Unit 11

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Questions 11

Answers

1
What does it mean to lend?
to give money or goods and expect it to be returned
to do a backflip
to save a lot of money
to spend a lot of money
2
What is a product?
food
produce
a store
a good that is for sale
3
What does it mean to withdraw?
to subtract or take money out an account
to use a credit card
to save all of your money
to do a magic trick
4
What is a consumer
a taker
someone who shops too much
someone who uses goods and services
someone who makes things
5
What is a producer?
someone who makes goods , such as a farmer
someone who taks from others
a clown
someone who steals
6
What is money?
Bills and coins used for buying goods and servies
chocolate
go away
spending
7
What does cost mean?
credit
amount you must pay to get something
money
$15
8
What does it mean to borrow something?
to rob someone
To get money or other good from a bank or person and promise to pay back
to spend all of your money
to save all of your money
9
What does deposit mean?
to add money to an account
to fly
to spend money
to save money
10
What does it mean to spend?
no answer
to use money to buy goods and services
to jump in the air
to save all of your money
11
What does it mean to save?
Charlie Bucket
put the coins away
to spend all of it
to put away for later