Greenstuff: The Money Book

www.HistoryClassroom.com Mr. Peel

If you have any questions or concerns about this quiz,
please contact the creator of the quiz.

Answer the questions below and then click "submit" to send your answers. Practice with a partner who has a different learning style than your own (so that you can both become familiar with the vocabulary that will be used on the test).

  1. Money itself is neither . . .

    2. Your answer:
    a reserve nor yours to keep
    Dollar Cost Averaging (D.C.A.)
    Caesar Complex
    good nor bad

  2. A part of all you earn is _____. [Pay yourself (save) first.]

    3. Your answer:
    joneses
    Dollar Cost Averaging (D.C.A.)
    yours to keep
    good nor bad

  3. Spend some money on yourself now, but also save some money for short term _____, and INVEST some for medium and long term goals.

    4. Your answer:
    budgeting
    emergencies
    reserve
    pleasures

  4. Create a _____ for unexpected expenses

    5. Your answer:
    Caesar Complex
    reserve
    pleasures
    budgeting

  5. Defer (put off) some little gratifications (______) for big ones later on.

    6. Your answer:
    joneses
    pleasures
    reserve
    budgeting

  6. Don't try to "keep up with the ______"

    7. Your answer:
    Urlacher's
    Joneses
    pleasures
    budgeting

  7. Avoid the ________. (I see, I want, I charge.)

    8. Your answer:
    joneses
    yours to keep
    emergencies
    Caesar Complex

  8. The fun is in the building, ______, planning and saving. (Not necessarily in the immediate posession of "things".)

    9. Your answer:
    reserve
    pleasures
    caesar complex
    budgeting

  9. Use Credit Cards _____.

    10. Your answer:
    infrequently
    reserves
    emergencies
    D.C.A.

  10. Build by using the Magic of Compounding, S.L.Y. investing, and _____.

    11. Your answer:
    reserve
    Dollar Cost Averaging (D.C.A.)
    budgeting
    Caesar Complex

  11. Money is the root of all evil.

    12. Your answer:
    True
    False

  12. A person can open a Swiss Bank Account with less than $100.

    13. Your answer:
    False
    True

  13. "Bohemian Buying" includes asking yourself, "Is it a need or a want?" and "Is it a good price?" BEFORE buying. (Note: the author's children are 1/4 bohemian, obviously, we're not putting down bohemians.)

    14. Your answer:
    False
    True

  14. It takes a lot of money to make money.

    15. Your answer:
    False
    True

  15. You should always borrow money to buy things that depreciate (go down in value).

    16. Your answer:
    True
    False

  16. You can invest in a money market fund with less than $100.

    17. Your answer:
    False
    True

  17. You can start buying stocks in a Mutual Fund with less than $100.

    18. Your answer:
    False
    True

  18. You can start buying gold with just $100.

    19. Your answer:
    True
    False

  19. The Best way to save is to pay all your bills and then try to save what is left.

    20. Your answer:
    False, Pay Yourself First.
    True, you'll save more.

  20. There are three ways to have more money, (1) make more, (2) spend less, and (3) put your money to work FOR YOU.

    21. Your answer:
    False
    True

  21. The Dollar Value of all goods and services produced within a country in one year's time is called the . . .

    22. Your answer:
    Gross Domestic Product
    Productive Services
    Income Payments
    Buying Bonds

  22. Consumer Expenditures + Business Investments + Government Spending + Net Foreign Trade = ________.

    23. Your answer:
    Income Payments
    Gross Domestic Product
    Productive Services
    Gov. spending for roads, defense, etc.

  23. Your time + Knowledge + skill and/or physical labor are called . . .

    24. Your answer:
    exports
    productive services
    income payments
    imports

  24. For the following questions - You may want to copy & paste the Cirular Flow diagram into a word document and print it out. That way you won't have to keep scrolling back & forth to see the chart. (The blank diagram is also on the second page of www.ShowYourClass.com) The completed diagram is on page 14 of Greenstuff: The Money Book. QUESTION - Letter "D" in the diagram is ...

    25. Links to reference material:
    CIRCULAR FLOW DIAGRAM (Blank)

    Your answer:
    Consumer
    Producer
    Government
    Federal Reserve

  25. Wages, Profits, Rents, Interest, and Dividends are called . . .

    26. Your answer:
    Government spending for Social Security, Welfare, etc.
    Productive Services
    Income Payments
    Gross Domestic Product

  26. "J" in the circular flow diagram is...

    27. Your answer:
    Producer
    Consumer
    Governent
    Foreign Trade

  27. "A" in the circular flow diagram is...

    28. Your answer:
    Federal Reserve
    Government
    Producer
    Consumer

  28. "I" in the circular flow diagram is...

    29. Your answer:
    Producer
    Government
    Consumer
    Federal Reserve

  29. "O" in the circular flow diagram is...

    30. Your answer:
    Government
    Foreign Trade
    Consumer
    Producer

  30. "K" and "L" are the two most important parts of the circular flow. "L" is ...

    31. Your answer:
    Productive Services (Time, Knowledge, Skill, and/or Physical Labor)
    Consumer Expenditures
    Consumer Goods and Services
    Income Payments (Wages, Profits, Rents, Interest, and Dividends)

  31. "K" in the circular flow diagram is...

    32. Your answer:
    Productive Services (Time, Knowledge, Skill, and/or Physical Labor)
    Consumer Expenditures
    Income Payments (Wages, Profits, Rents, Interest, and/or Dividends)
    Consumer Goods & Services

  32. "B" in the circular flow diagram is...

    33. Your answer:
    Sells bonds
    exports
    Buys bonds
    imports

  33. "C" in the circular flow diagram is...

    34. Your answer:
    Business taxes
    Personal taxes
    Buys bonds
    Sells bonds

  34. "F" in the circular flow diagram is...

    35. Your answer:
    Government spending for roads and defense
    Personal taxes
    Government spending for welfare and social security
    Business taxes

  35. "H" in the circular flow diagram is...

    36. Your answer:
    Government spending for welfare and social security
    Government spending for defense and roads
    Consumer Expenditures
    Consumer goods and services

  36. "M" in the circular flow diagram is...

    37. Your answer:
    Consumer goods and services
    Income payments
    Productive services
    Consumer expenditures

  37. "N" in the circular flow diagram is...

    38. Your answer:
    Producer
    Consumer
    Consumer expenditures
    Consumer goods and services

  38. "P" in the circular flow diagram is...

    39. Your answer:
    Imports
    Sells bonds
    Exports
    Buys bonds

  39. "Q" in the circular flow diagram is...

    40. Your answer:
    Imports
    Productive services
    Exports
    Income payments

  40. Review page 14 in Greenstuff: The Money Book. "G" in the circular flow diagram is...

    41. Your answer:
    Personal taxes
    Sells bonds
    Business taxes
    Buys bonds

QuizCenter © 2000 - 2002. This quiz was generated at Quiz Center on DiscoverySchool.com. All rights reserved.