FINANCIAL LITERACY: TEST 1 AND
ANSWERS.
Skill set: - Answers-The unique skills and abilities you bring to the job market.
Resume: - Answers-A summary of your work experience, education, skills and interests
that qualify you for a job opening.
Demand: - Answers-The willingness and ability of consumers to buy goods and
services.
Job market: - Answers-Job openings that are available when you are ready to go to
work.
Job application: - Answers-A form that asks basic questions about the job applicant's
background.
Scholarship: - Answers-A gift of money or other aid awarded to a student to help you
pay for education.
Self-training: - Answers-Learning new skills on your own by reading and practicing.
Contact: - Answers-A person you know, such as a friend or relative.
Subsidized student loan: - Answers-A loan on which interest is not charged until you
graduate.
Value: - Answers-A principle that reflects the worth you place on an idea or action.
Social network: - Answers-A group of friends and acquaintances who keep in contact
and share information.
Grant: - Answers-Money given to pay for educational expenses that does not have to be
repaid.
Hard skills: - Answers-Measurable physical and mental abilities that allow you to
complete a job.
Head hunter: - Answers-An employment specialist who seeks out highly qualified
people for upper-leveled positions.
Market economy: - Answers-An economy based on the laws of supply and demand.
Soft skills: - Answers-Nontechnical skills need by most workers for success on the job.
ANSWERS.
Skill set: - Answers-The unique skills and abilities you bring to the job market.
Resume: - Answers-A summary of your work experience, education, skills and interests
that qualify you for a job opening.
Demand: - Answers-The willingness and ability of consumers to buy goods and
services.
Job market: - Answers-Job openings that are available when you are ready to go to
work.
Job application: - Answers-A form that asks basic questions about the job applicant's
background.
Scholarship: - Answers-A gift of money or other aid awarded to a student to help you
pay for education.
Self-training: - Answers-Learning new skills on your own by reading and practicing.
Contact: - Answers-A person you know, such as a friend or relative.
Subsidized student loan: - Answers-A loan on which interest is not charged until you
graduate.
Value: - Answers-A principle that reflects the worth you place on an idea or action.
Social network: - Answers-A group of friends and acquaintances who keep in contact
and share information.
Grant: - Answers-Money given to pay for educational expenses that does not have to be
repaid.
Hard skills: - Answers-Measurable physical and mental abilities that allow you to
complete a job.
Head hunter: - Answers-An employment specialist who seeks out highly qualified
people for upper-leveled positions.
Market economy: - Answers-An economy based on the laws of supply and demand.
Soft skills: - Answers-Nontechnical skills need by most workers for success on the job.
