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5.10 A B E F Module 17 Financial Literacy Test HBE
By Arianna Martinez Moody
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Last updated almost 6 years ago
18 questions
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5.10.E
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5.10.C
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5.10.C
Question 8
8.
How can the family balance their budget if their rent increases by $250?
Question 9
9.
How much more does the item cost when using automatic payments?
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5.10.E
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5.10.B
Question 1
1.
(blank) is the income that is left after taxes.
budget
gross income
income tax
net income
property tax
sales tax
Question 2
2.
(blank) is money added to the cost of items or service.
budget
gross income
income tax
net income
property tax
sales tax
Question 3
3.
(blank) is a portion of the value of an item, such as land.
budget
gross income
income tax
net income
property tax
sales tax
Question 4
4.
The total income before any taxes are taken out is (blank).
budget
gross income
income tax
net income
property tax
sales tax
Question 5
5.
(blank) is money that is paid to a city, state, or the US government based on earnings.
budget
gross income
income tax
net income
property tax
sales tax
Question 6
6.
Describe two ways the family could adjust their budget to put $300 in a savings account each month.
Question 7
7.
What are some advantages and disadvantages of using a debit card over a credit card?
Question 10
10.
What is the total cost?
A
B
C
D
Question 11
11.
On which of the following might Raul pay property tax?
A
B
C
D
Question 12
12.
How much does she pay in payroll tax?
A
B
C
D
Question 13
13.
How much does he need to earn from babysitting to balance his budget?
A
B
C
D
Question 14
14.
Which of the following can Chaseedah use to purchase an item if she wants to pay for her purchase at a later time?
A
B
C
D
Question 15
15.
How much sales tax does Chase pay on his purchase?
A
B
C
D
Question 16
16.
If Reema's land is worth $100,000, what will she pay in property tax?
A
B
C
D
Question 17
17.
Which of the following actions results in a balanced budget?
A
B
C
D
Question 18
18.
What is Gina's net monthly income?
$640
$740
$840
$940
