US Grade 7 Financial Literacy Test 6

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 7 Financial Literacy Middle School (Grade 7, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 7 Financial Literacy practice (Middle School 6-8, USA Common Core) — Middle School (Grade 7, USA Common Core) level, USA.
Is this for you? For Middle School students (Grade 7, 6-8) — if you are in Middle School, this is for you.
Section: K-12 Grade 7 Financial Literacy · Education: Middle School · Part: K-12 Grade 7 Financial Literacy · Country: USA

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

Why do we learn that interest??

A) a fee for toys

B) free candy

C) lost money

D) extra money a bank pays savers

Question 2

Why do we learn that are prices??

A) to waste time

B) no reason

C) to get the best value for money

D) to buy more

Question 3

Why do we learn that earning??

A) taking money

B) printing money

C) finding money always

D) getting money by working

Question 4

Why do we learn that uld you do with birthday money??

A) spend it all fast

B) hide forever

C) throw it away

D) save part and spend part wisely

Question 5

Why do we learn that a coin??

A) metal money of small value

B) a toy

C) a rock

D) paper money

Question 6

Why do we learn that a dollar bill??

A) a coupon

B) paper money worth 100 cents

C) a note

D) a ticket

Question 7

Why do we learn that cents in a dollar??

A) 50

B) 100

C) 10

D) 25

Question 8

Why do we learn that cents is a quarter??

A) 10

B) 50

C) 25

D) 5

Question 9

Why do we learn that cents is a dime??

A) 25

B) 1

C) 10

D) 5

Question 10

Why do we learn that donating??

A) taking things

B) giving money or goods to help others

C) hiding money

D) wasting food

Question 11

Why do we learn that a receipt??

A) a toy

B) money

C) a gift

D) proof of what you bought

Question 12

Why do we learn that for goals??

A) to brag

B) no reason

C) big wants need time and planning

D) to waste

Question 13

Why do we learn that a price tag??

A) shows what something costs

B) a gift

C) a toy

D) a joke

Question 14

Why do we learn that change??

A) lost money

B) money back after paying

C) extra toys

D) a gift

Question 15

Why do we learn that a sale??

A) closed store

B) free everything

C) higher prices

D) lower prices for a time

Question 16

Why do we learn that costs 3 dollars and you pay 5, what is the change??

A) 3 dollars

B) 8 dollars

C) 0 dollars

D) 2 dollars

Question 17

Why do we learn that is 2 quarters and 1 dime??

A) 60 cents

B) 75 cents

C) 35 cents

D) 50 cents

Question 18

Why do we learn that is 3 dimes and 1 nickel??

A) 40 cents

B) 31 cents

C) 30 cents

D) 35 cents

Question 19

Why do we learn that a paycheck??

A) money earned from work

B) free money

C) play money

D) found money

Question 20

Why do we learn that charity??

A) wasting food

B) giving to help others

C) taking toys

D) hiding money

US Grade 7 Financial Literacy Test 6

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