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6th Grade Economy

  • Game Code: 402816
  •  English    40     Public
    All about economy
  •   Study   Slideshow
  • What is 1 example of fixed expenses?
    food/petrol/household bills
  •  5
  • True/False: Unexpected expenses are irregular expenses that you cannot predict
    True
  •  15
  • What are variable expenses?
    They are not always the same every month and we can only estimate their total cost
  •  25
  • What are the two means of payment?
    Cash and Credit
  •  10
  • True/False: You use cash to make large purchases.
    False
  •  15
  • What does "borrow" mean?
    It means to use or take for a period of time but will return eventually
  •  15
  • What does a bank charge you if you use a credit card?
    interest
  •  25
  • What is a "loan"?
    a thing that is borrowed, like a sum of money
  •  15
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