Test Topic 1: Economics and Money
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Slide 1 - Tekstslide
Give an example of a primary need
Slide 2 - Open vraag
Give an example of a secondary need
Slide 3 - Open vraag
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.
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 - Quizvraag
What are sources of income?
A
Income from work
B
Income from your own company
C
Benefits
D
Incidental income
Slide 5 - Quizvraag
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 - Quizvraag
Explain what incidental expenses are.
Slide 7 - Open vraag
Calculate the income that is necessary to pay for all the expenses per month.
Slide 8 - Open vraag
On his savings account Brendan got € 1 400.
After one year he receives € 35. interest. What percentage interest did Brendan receive?
After one year he receives € 35. interest. What percentage interest did Brendan receive?
Slide 9 - Open vraag
In which way can drawing a budget help people by fixing their money issues? Explain your answer.
Slide 10 - Open vraag
What are examples of bank money?
A
Credit card
B
Debit card
C
Banknotes
D
Cheques
Slide 11 - Quizvraag
What are examples of cash money?
A
Paying with authorisation
B
50 euro banknote
C
10 eurocent coin
D
Debit card
Slide 12 - Quizvraag
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 ........ .
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 - Quizvraag
What are the two main reasons why people save money?
Slide 14 - Open vraag
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 - Quizvraag
Incidental expenses
Daily expenses
Fixed costs
Gas
Bread
A new bike
Chocolate sprinkles
Netflix subscription
Furniture
Kithcen repairs
Road taxes
Rent
Slide 16 - Sleepvraag
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.
Calculate the interest that Esmee will receive after one year.
Slide 17 - Open vraag
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.
Calculate the interest that Julia will receive this year.
Slide 18 - Open vraag
The inhabitants of Hungary have a total income of € 121 billion. Hungary has 9.8 million inhabitants.
Calculate the average income per Hungarian inhabitant.
Calculate the average income per Hungarian inhabitant.
Slide 19 - Open vraag
Give an example of a free good
Slide 20 - Open vraag
Give an example of a scarce good
Slide 21 - Open vraag
A whole amount of Euros you can write in the following three ways: € 5. € 5.00 or € 5.-
A
Right
B
Wrong
Slide 22 - Quizvraag
The amount of your credit is called your balance.
A
Right
B
Wrong
Slide 23 - Quizvraag
The biggest part of payment transactions are with cash.
A
Right
B
Wrong
Slide 24 - Quizvraag
One of the three main tasks of the DNB is price stability.
A
Right
B
Wrong
Slide 25 - Quizvraag
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 vraag
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 vraag
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 - Sleepvraag
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.
What percentage of interest did Jenna paid? Round your answer off to one decimal place.
