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If You Made a Million Comprehension - Quiz
  • 1. This selection is most like an _______.
A) informational book
B) autograph
C) advertisement
D) interview
  • 2. In this selection, what happens when you do one of the suggested jobs?
A) You win prizes.
B) You earn money.
C) You get to make wishes.
D) You score points.
  • 3. Which of the following combination has the same value as one dollar?
A) twenty pennies
B) two quarters
C) ten dimes
D) five nickels
  • 4. You can earn the most interest from a bank by _____.
A) doing jobs for the bank
B) leaving your money in the bank for many years
C) leaving your money in the bank for a year
D) getting paid with dollar bills
  • 5. The author suggested using a check at times instead of money. In this select, a check is a _______.
A) pattern of squares on clothing
B) bill at a restaurant
C) mark that shows something is chosen
D) written order to a bank to pay money to someone
  • 6. You give someone a check and that person puts it in the bank. Your check then goes to _____.
A) a clearinghouse
B) your bank
C) a store
D) a gas station
  • 7. When you borrow money from a bank, you must pay back _______.
A) as much money as you borrowed
B) more money than you borrowed
C) none of the money you borrowed
D) less money than you borrowed
  • 8. Your friend wants to sell you a bike for $50. Which sentence is an example of a down payment, according to this article?
A) You give your friend $25, and your dad gives her $25.
B) You give your friend $10 and promise to pay her $10 a week for four more weeks.
C) You give your friend $60 , and she gives you $10 back.
D) You give your friend $50.
  • 9. According to the selection, what is the largest bill made today?
A) $50
B) $20
C) $10
D) $100
  • 10. The most important fact about having a million dollars is that _____.
A) it's not a lot of money
B) you need to decide whether to spend it or save it
C) a million dollars in quarters weighs as much as a whale
D) you can buy something expensive with it
  • 11. A million dollars in one-dollar bills would weigh ______.
A) under 360 pounds
B) over one ton
C) over two tons
D) under one ton
  • 12. Why did the author write this book?
A) to tell a funny story
B) to explain how to make a million dollars
C) to encourage readers to spend money
D) to explain the money system
  • 13. Name three ways you can pay for things.
  • 14. There are two kinds of interest. Explain the difference between the interest leaving money in the bank and the interest for borrowing money.
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