Loans
Credit
Paychecks
Workplace Safety
Economics/Stocks
100
This is someone who signs the loan with you and is responsible for the loan is you fail to repay it.
What is a Cosigner
100
The maximum amount of money that can be used on a credit card.
What is the Credit Limit
100
This is the total amount earned by an employee during a pay period before deductions.
What is the Gross Pay
100
This is something an employee can do to help prevent hearing loss while working at a drive-thru.
What is turn the volume down.
100
This is a short abbreviation used to uniquely identify publicly traded shares of a particular stock.
What is a Ticker Symbol
200
This is security to insure a loan is paid.
What is Collateral
200
This is payment for the use of someone else's money.
What is Interest
200
This is a form given to employees detailing income received and taxes paid over the previous year.
What is a W-2 (Wage and Tax Statement)
200
This is one of the potential hazards of cleaning-up at a restaurant.
What is 1)Electrical shock, 2)strains and sprains, 3)chemical and other burns, 4)slips/trip/falls, 5)Cuts
200
This is what IRA stands for.
What is Individual Retirement Account
300
A loan of money given to a borrower for a specific amount and a specific period of time.
What is an Installment Loan
300
These places legally keep track of every individual's credit and debt.
What are Credit Information Companies (Credit Bureaus)
300
This tax is taken directly out of people's paychecks and paid to the state.
What is the State Income Tax
300
This is something an employer can do to help prevent employee burns while cooking.
What is 1)install slip-resistant floors near hot surfaces, 2)replace old fryers, 3)use quality oil
300
This is a form of retirement fund that an employee contributes directly to through a deduction from their paychecks.
What is a 401K
400
This is a chart that shows monthly loan payments, with principle and interest.
What is an Amortization Schedule
400
This is a finance tool used to control your spending. It is based on income and expenses and can help you determine if your credit card spending is under control.
What is a Budget
400
This form is completed when you get a job that lets the employer know how many deductions you will be claiming.
What is a W-4 form (Employees Withholding Allowance Certificate)
400
Employers must make sure that their workers are at least this age before they can load and unload off of rail-cars.
What is 16 years old
400
The amount of goods available in an economic market and how much those goods are needed in that market.
What is Supply and Demand
500
These are the three factors that determine the cost of a loan.
What are 1)Amount of the loan, 2)Interest Rate, 3)Length of the loan.
500
The fees charged by a credit card company and the interest they charge all rolled into one percentage.
What is the APR (Annual Percentage Rate)
500
These are the two types of taxes included in the FICA tax.
What are Social Security and Medicare
500
The Fair Labor Standards Act prevents workers under 18 to use certain equipment. Employers must (by law) put these on those machines.
What is "No workers under 18" labels
500
The cost of passing up the next best choice when making a decision.
What is the Opportunity Cost