3rd Grade LCC Quiz On Finance!
5 Questions
| Attempts: 102
One of how a city or states get to grow is through trade, and Louisiana is known for the export of petroleum and coal products. Being in third grade, there is much we got to learn about this state when it comes to financing. Take up the quiz below and get to refresh your mind on all things finance about Louisiana.
Questions and Answers
- 1.
What you give up when you make a choice is ________________.
- A.
Trade
- B.
Good
- C.
Service
- D.
Opportunity cost
Correct Answer
D. Opportunity cost -
- 2.
People save money to _____________________
- A.
Throw it away
- B.
Buy more important things
- C.
Hide it from others
- D.
Count it later
Correct Answer
B. Buy more important things -
- 3.
People save money for _________________.
- A.
Houses
- B.
Education
- C.
Retirement
- D.
All of the above
Correct Answer
D. All of the above -
- 4.
When something is free, your opportunity cost is:
- A.
Time
- B.
$0
- C.
$5
- D.
$10
Correct Answer
A. Time -
- 5.
Which of the following is NOT a product made in Louisiana?
- A.
Seafood
- B.
Timber
- C.
Oil
- D.
Computers
Correct Answer
D. Computers -
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Current Version
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Mar 21, 2022Quiz Edited by
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Jan 31, 2010Quiz Created by
Byrnetj
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