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Money Sense Quiz 1 tests basic financial literacy, focusing on practical aspects such as the importance of bulk purchasing, the concept of interest, and the significance of savings. It encourages learners to reflect on their...

Questions: 7 | Attempts: 298 | Last updated: Mar 21, 2025

Sample Question 1
What question should you ask yourself before purchasing an item?

“Do I need it?”

“Do I have it?”

“Do I want it?”

Sample Question 2
Purchasing _____________ allows stores and supermarkets to get a lower price for their goods.

During sales

Good quality items

In bulk

Sample Question 3
Savings in the bank yield ______________.

Expenses

Interest

Salary

5th Grade Financial System Quizzes, Questions & Answers

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