TEEN ATLAS | MONEY MATTERS | Take the Quiz

What two things determine your Budget?

Incoming & Outgoing

Income & Expenses

Savings & Taxes

Taxes & Income

Which of the following are examples of "Fixed Expenses"?

Rent

Water Bill

Phone Bill

Car Payment

What does "Net Pay" mean?

Cash that is left over after taxes

"Web" of Bills

Internet Bills

Taxes paid for Internet

What does "Cost Comparison" mean?

Comparing the cost of two or more items, in order to find the cheapest

Comparing the cost of two or more goods or services, in order to find best value

Comparing 5 items in order to find the best value

What does "Calculating Future Expenses" mean?

Calculating cost of future needs

Calculating cost of future goals

Calculating cost of future wants

Calculating cost of future decisions

What does "GDP" stand for?

Gross Domestic Product

Great Domain Plan

Great District Product

Gross Domain Process

What does "Cost-Benefit Analysis" mean?

Analyzing whether the cost of meeting future needs and goals is worth it

Analyzing whether the cost of an item is equal to, or less than the benefit of purchasing the item

Analyzing whether saving money is worth it in a specific scenario

Analyzing whether your expenses exceed your income

What does "Net Income" mean?

Loads of money from salary

"Strangled" Income (low)

An individual or company's total earnings

Total amount of taxes that need to be paid

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