Personal Finance ch 1 and 2 review
Authored by Lisa Maylath
Financial Education
9th Grade
Used 2+ times
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44 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tangible items that can be touched, used, and purchased are _____.
services
goods
wants
needs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ethical behavior calls for honesty. Which of the following actions could be considered ethical?
Borrowing a classmate’s homework to copy the answers.
Studying for a test with a friend.
Checking personal e-mail at work during your shift.
Returning a homecoming dress to the store after wearing it to the dance.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a human resource?
knowledge
time
money
possessions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What decision-making strategy weighs the costs against the benefits of an action, purchase, or financial decision?
marginal analysis
opportunity costs
cost-benefit analysis
common sense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Social Security, Medicare, and Medicaid are examples of what?
entitlements
outsourcing
globalization
technological advances
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ gives you access to a vast diversity of goods and services through worldwide markets.
Social media
Globalization
Technology
Offshore outsourcing
7.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Planning to buy a car in one year is an example of a (a) goal.
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