Financial Institutions
Which is a responsible action to make with your money?
a. spend it
b. track it
c. give it all away
d. barter it
What is Track it.
What does Philanthropy mean?
a. the effort to increase the well-being of others through charitable giving
b. the effort to provide health care by the government
c. the ability to sell goods and services at a discount
d. the requirement to pay taxes as a citizen
What is the effort to increase the well-being of others through charitable giving.
A person who request or seeks something such as a job, is called a(n)?
a. explorer
b. coordinator
c. interviewer
d. applicant
What is an applicant.
Making an electronic payment is one of several ways to do what?
a. use a savings account
b. check your bank balance
c. get money out of the bank
d. record a transaction in your money tracker
What is get money out of the bank.
Which term describes why people cannot have everything they want because of limited resources?
a. endorsement
b. institutions
c. economy
d. scarcity
Which phrase describes the data career type?
a. helping others
b. thinking about concepts
c. working with objects
d. analyzing information
What is analyzing information.
Which option lists financial institutions?
a. banks and credit unions
b. libraries and schools
c. clothing and food shops
d. credits and debits
What is banks and credit unions.
what is required of a responsible citizen?
a. to volunteer at a community center
b. to donate to charity
c. to pay taxes
d. to sign a contract
What is to pay taxes
A young man wants to be a famous actor after he graduates high school. He tells his school counselor but it does not sign up for any drama classes or learn about what actors do on a daily basis. What should this young man do if he wants to be successful?
a. make a financial plan
b. follow his counselor's advice
c. do what his parents want him to do
d. research what it takes to be a successful actor
What is research what it takes to be a successful actor.
What is private property?
a. property that the government owns
b. property that is free
c. property that no one can see
d. property that you own
What is a property that you own.
Why are taxes required instead of voluntary?
a. not everyone was willing to pay their part
b. tax money is spent on private goods
c. Taxes can be automatically taken out of you paycheck
d. it was found to be illegal to have voluntary payments.
Which action is required when depositing money into an account?
a. include your account number
b. list your income
c. swipe your credit card
d. sign your deposit ticket
What is include your account number.
a. withdrawal
b. deposit
c. balance
d. description
What is deposit.