US Grade 8 Financial Literacy Test 7

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 8 Financial Literacy Middle School (Grade 8, USA Common Core) USA USA Common Core & NGSS

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

A) holds cash and cards

B) a lunchbox

C) a toy box

D) a pillow

Question 2

Why do we learn that a price??

A) a joke

B) what something costs

C) a secret

D) a gift

Question 3

Why do we learn that expensive??

A) is free

B) costs a lot of money

C) is small

D) is cheap

Question 4

Why do we learn that cheap??

A) costs a lot

B) costs little money

C) is free

D) is broken

Question 5

Why do we learn that a coin bank??

A) a toy

B) a river

C) a jar for saving coins

D) a cake

Question 6

Why do we learn that stores do??

A) play

B) give everything free

C) sleep

D) sell goods for money

Question 7

Why do we learn that allowance??

A) a meal

B) homework

C) a punishment

D) money given regularly to kids

Question 8

Why do we learn that receipts??

A) to eat

B) no reason

C) to prove purchase and track spending

D) to play

Question 9

Who should know that saving??

A) everyone

B) only robots

C) no one

D) only grown-ups

Question 10

Who should know that a budget??

A) everyone

B) only grown-ups

C) only robots

D) no one

Question 11

Who should know that a bank??

A) no one

B) everyone

C) only robots

D) only grown-ups

Question 12

Who should know that the difference between a need and a want??

A) no one

B) only grown-ups

C) only robots

D) everyone

Question 13

Who should know that interest??

A) everyone

B) no one

C) only robots

D) only grown-ups

Question 14

Who should know that are prices??

A) no one

B) only robots

C) everyone

D) only grown-ups

Question 15

Who should know that earning??

A) only robots

B) only grown-ups

C) no one

D) everyone

Question 16

Who should know that uld you do with birthday money??

A) only grown-ups

B) everyone

C) only robots

D) no one

Question 17

Who should know that a coin??

A) everyone

B) no one

C) only robots

D) only grown-ups

Question 18

Who should know that a dollar bill??

A) only grown-ups

B) no one

C) only robots

D) everyone

Question 19

Who should know that cents in a dollar??

A) everyone

B) no one

C) only grown-ups

D) only robots

Question 20

Who should know that cents is a quarter??

A) only robots

B) no one

C) everyone

D) only grown-ups

US Grade 8 Financial Literacy Test 7

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