Finance Terms Sprint

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Quiz on key economic terms and definitions.

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Kirolos Monir AW

Spain

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Finance Terms Sprint


Froggy Jumps Finance Terms SprintOnline version Quiz on key economic terms and definitions. by Kirolos Monir AW 1 What is the definition of Expense? a Price of a good or service b Money earned from investments c Money spent to pay for goods, services, or any outflow of money 2 Which term describes a financial service where you keep money and can deposit, withdraw, or transfer funds? a Credit card b Inflation c Bank account 3 What is Income? a Money received from work, sales, investments, or other sources b Cost of production c Material loss 4 What is a Credit card? a A card that stores coins only b A card for guaranteed cash advances c A card to buy now and pay later with borrowed money up to a limit 5 What is Loss? a Money outflow greater than inflow or value decreases b Profit from a sale c A fixed monthly payment 6 What does Cost refer to? a Money needed to produce, buy, or maintain a good or service b The total revenue c The price charged to customers 7 What is Price? a The expected profit b The amount of money required to purchase a good or service c The cost of production 8 What does Demand mean? a Total supply of a product b The amount of a product consumers want and can buy at a price c Economic growth rate 9 What is Inflation? a Decrease in prices b Unemployment rate rise c A general, continuous rise in prices reducing money's purchasing power 10 What is Recession? a Stable prices b Economic boom period c A period when economic activity falls noticeably 11 Which term is defined as money received from work or investments? a Income b Expense c Cost 12 Which term means the money needed to produce goods? a Cost b Price c Demand 13 Which term describes the price level that reduces money's purchasing power? a Deflation b Inflation c Recession 14 Which term refers to a downturn with lower spending and production? a Demand b Recession c Inflation 15 Which term is about the amount consumers want to buy at a price? a Cost b Supply c Demand

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Finance Terms Sprint

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Finance Terms SprintOnline version

by Kirolos Monir AW

What is the definition of Expense?

Which term describes a financial service where you keep money and can deposit, withdraw, or transfer funds?

What is Income?

What is a Credit card?

What is Loss?

What does Cost refer to?

What is Price?

What does Demand mean?

What is Inflation?

What is Recession?

Which term is defined as money received from work or investments?

Which term means the money needed to produce goods?

Which term describes the price level that reduces money's purchasing power?

Which term refers to a downturn with lower spending and production?

Which term is about the amount consumers want to buy at a price?