EverFi 1
Income earned on an hourly basis
Benefit
Salary
Stipend
Wage
Wage
T/F anyone under the age of 21 needs a cosigner and show proof of income to obtain a credit card
True
T/F if you use an ATM that is not from your bank, you will have to pay a fee
True
The entire network of consumers and producers of goods and services in a community
Economy
Ecosystem
Utopia
Economy
How many teeth does an adult human usually have?
42
32
28
32
Which factor has the biggest impact on a credit score?
Payment history
Length of credit
Amount owed
Type of credit
Payment History
________ is withheld from a paycheck and is used to fund government services such as health care, national defense, and scientific programs
Social security
Federal income tax
State income tax
Medicare
Federal income tax
A number that represents how responsible you are with money
Credit score
Credit grade
Credit report
Credit score
The number of workers available for a specific position. How many people want to and are able to do the job
Supply
In which hand is the Statue of Liberty's torch?
Right
Ashley wants to use money from her checking account to make a purchase. Which payment method should she use?
Credit card
Prepaid card
Debit card
Direct Deposit
Debit Card
A fixed amount of money paid for your work. Usually paid to students or interns on a scheduled basis or after a fixed amount of time
Stipend
Salary
Wage
Stipend
This tax is paid to the state you live in and comes from your paycheck. It is used to support schools, maintain roads, and keep people safe. Minnesota DOES have this
State income tax
Federal income tax
State sales tax
State income tax
The amount of money a business makes from sales each month
Revenue
Income
Stream
Revenue
Whose face is on a dime?
Roosevelt
What is the best strategy for avoiding credit card interest?
Pay the minimum balance
Make payments online
Pay the full balance each month
Skip payments
Pay the full balance each month
The time period between when the credit card bill is ready and when it has to be paid
Grace period
The amount of money you go home with on your paycheck after taxes have been taken out
Net pay
A form completed by current and prospective college students in the United States to determine their eligibility for federal loans and grants
FAFSA
How many months have exactly 30 days?
4
What is the difference between a credit card and a debit card?
A credit card is a form of a loan from a banking institution while a debit card uses the money directly from your checking account
The fee you are charged for borrowing money
Interest
The total amount of money you can charge to your credit card
Credit limit
The amount of money a business has left over after expenses have been deducted. Expenses- revenue
Profit/Loss
Where did the pineapple plant originate? (Continent)
South America