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Social Studies

7th Grade

Used 1+ times

Personal Finance and Budgeting
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Large supply of goods+Low demand for product = 

Price Goes Up
Price Goes Down
Price Stays the Same

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small supply of goods+high demand for product=

Prices Goes Up
Price Goes Down
Price Stays the Same

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Medium of exchange used to buy goods and services.

Credit
Investing
Saving
Money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is not an example of money?

Currency
Debit Cards
Credit
Checks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you _________your income, you are trading your money in exchange for goods or services.

Save
Spend

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Delaying current spending in order to pursue an activity with greater financial benefits in the future.

Saving
Spending
Budget
Investing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buy something now and pay for it later. 

Credit
Debit
Investing
Spending

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