5.10 A B E F Module 17 Financial Literacy Test HBE
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Last updated over 5 years ago
18 questions

1
(blank) is the income that is left after taxes.
(blank) is the income that is left after taxes.
1
(blank) is money added to the cost of items or service.
(blank) is money added to the cost of items or service.
1
(blank) is a portion of the value of an item, such as land.
(blank) is a portion of the value of an item, such as land.
1
The total income before any taxes are taken out is (blank).
The total income before any taxes are taken out is (blank).
1
(blank) is money that is paid to a city, state, or the US government based on earnings.
(blank) is money that is paid to a city, state, or the US government based on earnings.
2
Describe two ways the family could adjust their budget to put $300 in a savings account each month.
Describe two ways the family could adjust their budget to put $300 in a savings account each month.
2
What are some advantages and disadvantages of using a debit card over a credit card?
What are some advantages and disadvantages of using a debit card over a credit card?

2
How can the family balance their budget if their rent increases by $250?
How can the family balance their budget if their rent increases by $250?
1
How much more does the item cost when using automatic payments?
How much more does the item cost when using automatic payments?

1
What is the total cost?
What is the total cost?
1
On which of the following might Raul pay property tax?
On which of the following might Raul pay property tax?
1
How much does she pay in payroll tax?
How much does she pay in payroll tax?
1
How much does he need to earn from babysitting to balance his budget?
How much does he need to earn from babysitting to balance his budget?
1
Which of the following can Chaseedah use to purchase an item if she wants to pay for her purchase at a later time?
Which of the following can Chaseedah use to purchase an item if she wants to pay for her purchase at a later time?

1
How much sales tax does Chase pay on his purchase?
How much sales tax does Chase pay on his purchase?
1
If Reema's land is worth $100,000, what will she pay in property tax?
If Reema's land is worth $100,000, what will she pay in property tax?
1
Which of the following actions results in a balanced budget?
Which of the following actions results in a balanced budget?
1
What is Gina's net monthly income?
What is Gina's net monthly income?