Economy
Money Management
Saving & Investing
Debt & Credit
Banking
100
Prior to the 21st century what was the major driving force of the canadian economy?
What is Agriculture
100
When you take a self portion of a paycheque and put it into your savings?
What is Pay yourself first
100
What is to always have an extra cash flow?
What is to save
100
The fee for being late on a payment?
What is a Late Payment Fee
100
What type of interest is calculated on the principal and interest earned?
What is Compund Interest
200
What is a general increase in prices and fall in the purchasing value of money?
What is Inflation
200
What is the GST of Canada?
What is 5%
200
What is used for day to day transactions and to cash cheques?
What is Chequing account
200
What is money that is owed or due?
What is Debt
200
What is a establishment that conducts financial transactions such as investments, loans and deposits?
What is a financial institution
300
What does GDP stand for?
What is Gross Domestic Product
300
What are things you would like to have to enhance your way of life?
What is a want
300
What is a GIC?
What is a Guranteed Investment Certificate
300
What is the ability of a customer to obtain goods or services before a payment, based on the trust that payment will be made in the future?
What is Credit
300
What type of financial instituion is a cooperative?
What is a Credit Union
400
What refers to how much quantity of a product or service is desired by buyers?
What is Demand
400
What is the ability to understand how money works in the world, how someone manages to earn or make it and how that person manages it?
What is Financial Literacy
400
To purchase a share in a company to hopefully gain a profit in return?
What is a Stock
400
What is the price of money?
What is interest
400
What is a document, usually part of a general ledger used to record financial transactions in cash?
What is a Cheque Register
500
What do economists say the optimal amount for the loonie is?
What is 80 cents
500
What is an index of the variation in prices paid by typical consumers for retail goods and other items?
What is Consumer Price Index
500
what type of investment is a preferred shares?
What is an equity investment
500
What is an interest rate that you will have to pay if you violate the terms of your credit card agreements?
What is a penalty APR
500
What is the interest rate for a regular consumer savings account at steinbach credit union when you have $100,000-250,000 in the account
What is 1.65%