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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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TEKS 3.9A, 3.9B, and 3.9E
Flashcards
18 cards
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Practice quiz
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Questions
18
Answers
1
During holiday season, many people buy airplane tickets to travel. What will happen to the price during holiday season?
Price will decrease
Price will increase
2
After the winter season, jacket sales went down. They want to sell before summer season. What will happen to the price?
Price will decrease
Price will increase
3
Does this factor affect income or not?
Family size
Does NOT Affect Income
Affects Income
4
Kelly places $10 in her piggy bank.
Not saving money
Saving money
5
Does this factor affect income or not?
Leadership Skills
Does NOT Affect Income
Affects Income
6
Cynthia volunteers at an animal shelter once a month.
Non-Example of Labor and Income
Example of Labor and Income
7
Eddy placed $200 in his savings account.
Not saving money
Saving money
8
Money placed in a savings account belongs to the bank.
False
True
9
Evelyn walked 32 dogs last week. She charged $15 to walk each dog.
Non-Example of Labor and Income
Example of Labor and Income
10
Savings can be used to pay for emergencies.
False
True
11
Dina gave $45 to her sister as a graduation gift.
Not saving money
Saving money
12
Brian spent $125 at the mall.
Not saving money
Saving money
13
Savings can be used to pay for college expenses.
True
False
14
Carlos made a withdrawal of $500 from his savings account.
Example of Labor and Income
Non-Example of Labor and Income
15
A new race car toy is in high demand and difficult to find in stores. What will happen to the price of the toy?
Price will increase
Price will decrease
16
Does this factor affect income or not?
Spending Habits
Does NOT Affect Income
Affects Income
17
Daniel works at an amusement park. He earns $300 a week.
Example of Labor and Income
Non-Example of Labor and Income
18
A person who saves money is not responsible.
True
False