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Ninth Grade (Grade 9) Personal Finance Questions

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Grade 9 Personal Finance
Which deduction describes why Lucinda’s net income is lower than her gross income?
  1. rent deductions
  2. payroll deductions
  3. property deductions
  4. car allowance deductions
Grade 9 Personal Finance
Grade 9 Personal Finance
The total amount of earnings made over a one-year period after all deductions have been taken is:
  1. Gross annual income
  2. Gross monthly income
  3. Net annual income
  4. Net monthly income
Grade 9 Personal Finance
What is a budget?
  1. income you have earned
  2. taxes you have paid
  3. a plan for your money
Grade 9 Personal Finance
Grade 9 Personal Finance
Grade 9 Personal Finance
What does good credit say about you?
  1. that you make a lot of money
  2. that you have many credit cards
  3. that you are easy to trust with a loan or credit card
  4. that you have a lot of Facebook friends
Grade 9 Personal Finance
Grade 9 Personal Finance
Items purchased to avoid taking cash on vacation.
  1. Money Order
  2. Traveler's Check
  3. Cashier's Check
Grade 9 Personal Finance
Grade 9 Personal Finance
What happens after the expiration date on a credit card?
  1. the card no longer works
  2. the cardholder has to apply for a new card
  3. the card blows up
  4. your credit limit decreases
Grade 9 Personal Finance
Your hourly wage is
  1. the amount of money paid for each hour of work
  2. how much money earned for a week
  3. the number of hours worked in a week
  4. None of the above
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