1.
______________ is a school of higher learning.
Explanation
A college is a type of school that offers higher education and specialized courses. It is a place where students can pursue undergraduate or postgraduate degrees, diplomas, or certificates. In comparison to high school, college focuses more on specific areas of study and provides a more advanced level of education. Therefore, a college can be considered a school of higher learning.
2.
The coin that is worth ten cents is called a ____________.
Explanation
A dime is the correct answer because it is a coin that is worth ten cents. In the United States, a dime is the smallest coin in circulation that has a value greater than a penny. It is made of a combination of metals, including copper and nickel, and it is smaller in size compared to other coins like quarters or half dollars. The word "dime" is derived from the Latin word "decimus," meaning tenth, which represents its value as one-tenth of a dollar.
3.
The main part or business part of a town or city is called __________.
Correct Answer
C. Downtown
Explanation
Downtown refers to the central or main part of a town or city where most of the commercial, financial, and administrative activities take place. It is typically characterized by tall buildings, busy streets, and a concentration of businesses, shops, restaurants, and entertainment venues. Downtown areas are often bustling with activity and serve as the economic hub of a city, attracting both residents and tourists.
4.
This coin is worth five cents.
Correct Answer
B. Nickel
Explanation
The given statement states that the coin is worth five cents. Among the options provided, the only coin that has a value of five cents is a nickel. Therefore, the correct answer is nickel.
5.
They got a parking ticket and were _____________ one dollar.
Correct Answer
A. Fined
Explanation
The correct answer is "fined." When someone receives a parking ticket, they are typically required to pay a fine, which is a penalty for violating parking regulations. Therefore, the word "fined" fits logically in the sentence as it indicates the consequence of receiving a parking ticket.
6.
When you have a great deal of money you might be considered ____________.
Correct Answer
rich
Explanation
When you have a great deal of money, you might be considered rich. This is because wealth is often associated with being rich, as having a significant amount of money can provide financial security and the ability to afford a luxurious lifestyle. Being rich implies having a high net worth and the ability to fulfill material desires and live comfortably without financial constraints.
7.
A quarter is worth twenty five cents.
Correct Answer
A. True
Explanation
A quarter is worth twenty five cents because it is a coin that represents a value of 25 cents in the currency system. It is commonly used in the United States as a form of currency and is equal to one-fourth of a dollar.
8.
A synonym for positively is absolutely.
Correct Answer
A. True
Explanation
Absolutely is a synonym for positively because both words convey a strong affirmation or agreement. When something is described as positively or absolutely, it means that there is no doubt or uncertainty about it. Therefore, the statement that a synonym for positively is absolutely is true.
9.
A token is the same as a coin.
Correct Answer
B. False
Explanation
The statement is false because a token is not the same as a coin. While both are forms of currency, coins are typically issued and backed by a government or central authority, whereas tokens can be issued by private organizations or businesses. Coins are also generally used as legal tender for transactions, while tokens often have limited use and can be specific to certain establishments or services.
10.
Write a short paragraph on why it is important to save money.