US Grade 9 Financial Literacy Test 1

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 9 Financial Literacy High School (Grade 9, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 9 Financial Literacy practice (High School 9-12, USA Common Core) — High School (Grade 9, USA Common Core) level, USA.
Is this for you? For High School students (Grade 9, 9-12) — if you are in High School, this is for you.
Section: K-12 Grade 9 Financial Literacy · Education: High School · Part: K-12 Grade 9 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

What is saving?

A) spending everything

B) keeping money for later instead of spending

C) giving all away

D) losing money

Question 2

What is a budget?

A) a shopping list

B) a toy

C) a bank robbery

D) a plan for spending and saving money

Question 3

What is a bank?

A) a zoo

B) a toy store

C) a park

D) a safe place that keeps money

Question 4

What is the difference between a need and a want?

A) needs are required to live, wants are extras

B) wants are needs

C) no difference

D) needs cost more

Question 5

What is interest?

A) extra money a bank pays savers

B) free candy

C) lost money

D) a fee for toys

Question 6

Why compare prices?

A) to buy more

B) to get the best value for money

C) to waste time

D) no reason

Question 7

What is earning?

A) printing money

B) taking money

C) finding money always

D) getting money by working

Question 8

What should you do with birthday money?

A) hide forever

B) save part and spend part wisely

C) spend it all fast

D) throw it away

Question 9

What is a coin?

A) a rock

B) a toy

C) paper money

D) metal money of small value

Question 10

What is a dollar bill?

A) paper money worth 100 cents

B) a coupon

C) a ticket

D) a note

Question 11

How many cents in a dollar?

A) 100

B) 25

C) 50

D) 10

Question 12

How many cents is a quarter?

A) 25

B) 10

C) 50

D) 5

Question 13

How many cents is a dime?

A) 1

B) 5

C) 10

D) 25

Question 14

What is donating?

A) giving money or goods to help others

B) hiding money

C) wasting food

D) taking things

Question 15

What is a receipt?

A) a gift

B) money

C) a toy

D) proof of what you bought

Question 16

Why save for goals?

A) to brag

B) no reason

C) to waste

D) big wants need time and planning

Question 17

What is a price tag?

A) shows what something costs

B) a joke

C) a gift

D) a toy

Question 18

What is change?

A) lost money

B) extra toys

C) a gift

D) money back after paying

Question 19

What is a sale?

A) higher prices

B) free everything

C) closed store

D) lower prices for a time

Question 20

If a toy costs 3 dollars and you pay 5, what is the change?

A) 0 dollars

B) 2 dollars

C) 8 dollars

D) 3 dollars

US Grade 9 Financial Literacy Test 1

Test Complete

About This Test