Sample Test Questions from the book


In most savings accounts, the interest that is earned on interest is called:

(A) The Rule of 72

(B) Compound interest

(C) The 9th wonder of the world

(D) The rate of return

Money can be made of:

(A) Paper and metal

(B) Shells and beads

(C) Digital impulses and electronics

(D) All the above


A buyer in any market must be informed about the qualities and prices of what she wants to purchase.

(A) True

(B) False

According to the Bible, “The love of money”: (A) Brings many sorrows

(B) Is a good thing

(C) Makes you content

(D) Brings you happiness