Test Topic 1: Economics and Money

TEST
Topic 1: Economics and Money
1 / 30
next
Slide 1: Slide
EconomieMiddelbare schoolhavoLeerjaar 2

This lesson contains 30 slides, with interactive quizzes and text slides.

Items in this lesson

TEST
Topic 1: Economics and Money

Slide 1 - Slide

Give an example of a primary need

Slide 2 - Open question

Give an example of a secondary need

Slide 3 - Open question

Amy has a disability and receives a benefit from the government. She is not able to work every day of the week, but she works part-time as a secretary. With her work she earns her salary.

What can you conclude about her income? Choose the best description.

A
She receives a benefit, but that doesn’t count as income
B
Her total income is the salary she earns
C
She has a disability, so she doesn’t receive an income
D
Her income includes her salary and her benefit

Slide 4 - Quiz

What are sources of income?
A
Income from work
B
Income from your own company
C
Benefits
D
Incidental income

Slide 5 - Quiz

What are daily expenses?
A
An overview of your income and expenses
B
Expenses which occur regularly
C
Expenses for groceries
D
Expenses that don't occur regularly

Slide 6 - Quiz

Explain what incidental expenses are.

Slide 7 - Open question

Calculate the income that is necessary to pay for all the expenses per month.

Slide 8 - Open question

On his savings account Brendan got € 1 400.
After one year he receives € 35. interest. What percentage interest did Brendan receive?

Slide 9 - Open question

In which way can drawing a budget help people by fixing their money issues? Explain your answer.

Slide 10 - Open question

What are examples of bank money?
A
Credit card
B
Debit card
C
Banknotes
D
Cheques

Slide 11 - Quiz

What are examples of cash money?
A
Paying with authorisation
B
50 euro banknote
C
10 eurocent coin
D
Debit card

Slide 12 - Quiz

Nichola is a student in havo3, during her summer vacation she works at an H&M-shop in Breda.
Per hour Nichola earns € 5 gross income (a). Her net income is € 4.50 per hour (b),
this results in: 40 hours of work: 40 × € 4.50 = € 180 (c) per week.
From her income she will put € 150 in her savings account (d). The rest of her income she spends on going out (e). She saves for a car that she wants to buy in 3 months. The car that she wants to buy is on the market for € 1 000 (f).

De function at (c) is ........ en at (d) is ........ .
A
c = exchange function and d = saving function
B
c = calculation function and d = saving function
C
c = saving function and d = saving function
D
c = exchange function and d = exchange function

Slide 13 - Quiz

What are the two main reasons why people save money?

Slide 14 - Open question

Which organisation is in charge of the Euro?
A
The World Bank
B
The ING
C
The European Central Bank
D
The Nederlandsche Bank

Slide 15 - Quiz

Incidental expenses
Daily expenses
Fixed costs
Gas
Bread
A new bike
Chocolate sprinkles
Netflix subscription
Furniture
Kithcen repairs
Road taxes
Rent

Slide 16 - Drag question

Esmee receives 1.3% interest on her savings account. At this moment her savings are € 1 798.-
Calculate the interest that Esmee will receive after one year.

Slide 17 - Open question

In the first half of the year Julia has got € 520 on her savings account. In the second half of the year only € 390. She receives 0.9% interest.
Calculate the interest that Julia will receive this year.

Slide 18 - Open question

The inhabitants of Hungary have a total income of € 121 billion. Hungary has 9.8 million inhabitants.
Calculate the average income per Hungarian inhabitant.

Slide 19 - Open question

Give an example of a free good

Slide 20 - Open question

Give an example of a scarce good

Slide 21 - Open question

A whole amount of Euros you can write in the following three ways: € 5. € 5.00 or € 5.-
A
Right
B
Wrong

Slide 22 - Quiz

The amount of your credit is called your balance.
A
Right
B
Wrong

Slide 23 - Quiz

The biggest part of payment transactions are with cash.
A
Right
B
Wrong

Slide 24 - Quiz

One of the three main tasks of the DNB is price stability.
A
Right
B
Wrong

Slide 25 - Quiz

On her hairdryer Melissa got a discount of 5%. She now only has to pay € 39.90. Calculate the price of the hairdryer without the discount.

Slide 26 - Open question

Roos is shopping and sees a lovely sweater. Right now they are having a sale: all clothes with 33% discount. Normally the sweater costs € 39.50. She pays with a note of 20 euro and a note of 10 euro. How much change will she receive at the register/till?

Slide 27 - Open question

Child-
benfit
Unemployment-
benefit
Receive 
the rent
Interest
Profit
Income in kind
Salary
You receive 0.2% interest on your savings account
Business owner
You receive a christmas package from work
Employer at an administration office
House owner
A single mother
A man without a job

Slide 28 - Drag question

Jenna borrowed € 240 from her friend Rose. After five months she pays back € 260 like they agreed.
What percentage of interest did Jenna paid? Round your answer off to one decimal place.

Slide 29 - Open question

End of Test
Theme 1

Slide 30 - Slide