Personal Financial Literacy

Question 1

Which two people provide only a service?

Accepted Answer

Bus driver and police officer

Question 2

An example of a GOOD is...

Accepted Answer

all of the above

Question 3

Which of these four provide a good?

Accepted Answer

Baker

Question 4

What job might someone have within his or her family?

Accepted Answer

all of the above

Question 5

What is income?

Accepted Answer

money earned

Question 6

Which of these four provide a good and a service?

Accepted Answer

Carpenter

Question 7

An example of a NEED could be...

Accepted Answer

water

Question 8

A teacher and a fireman provide a what?

Accepted Answer

A service

Question 9

A __________________ is a consumer.

Accepted Answer

customer

Question 10

Which of these four provide a service?

Accepted Answer

Police officer

Question 11

An example of a WANT could be...

Accepted Answer

toys

Question 12

Which of these four provides a good?

Accepted Answer

Farmer

Question 13

When someone buys a loaf of bread from a bakery, that person is called a what?

Accepted Answer

Consumer

Question 14

How can you earn money?

Accepted Answer

a job

Question 15

What is something you can do with income?

Accepted Answer

save it

Question 16

Giving money to help others is called...

Accepted Answer

charity

Question 17

Which two people provide both a good and a service?

Accepted Answer

Waitress and baker, Farmer and construction worker

Question 18

An example of a SERVICE is...

Accepted Answer

massage

Questions 18