JA Careers with a Purpose

JA Banks in Action™ Pre-/Post-Test

Student Information

1. What are the first three letters of your last name?

2. When were you 1 9 born? Month Day Year

3. What grade are you in? (Please check only one.) o 9th o 10th o 11th o 12th o Other: _____

4. NOT including this session, how many times have you participated in JA? (Please check only one.) o This is my first time. o 1 o 2 o 3 o 4 o 5 or more

Knowledge Questions (Please circle the correct answer.)

1. Where does a bank’s profit come from? a. Income plus expenses. b. Incomes minus expenses. c. Income divided by expenses. d. Banks are nonprofit organizations.

2. If a bank charges borrowers a 10% interest rate and pays depositors 12%, will the bank make a profit? How much? a. Yes, the bank will earn the 2% difference. b. Yes, the bank earns the 10% charged to borrowers. c. No, the bank is paying more to its depositors than it earns from its borrowers. d. No, banks are nonprofit organizations.

3. What is the difference between banking products and banking services? a. There is no difference. b. Products are actions, and services are commodities that banks provide. c. Products are for sale, but services are not. d. Products are commodities, and services are actions that banks provide.

4. What is spread? a. The number of branch offices a bank has. b. The difference between the interest rate a bank charges borrowers and pays depositors. c. The number of banks allowed to open per year. d. The difference between the interest rate the bank charges borrowers from one year to the next.

5. Having liquid funds means customers have easy access to their funds. a. True b. False

| ©2008 JA Worldwide®, HS912EN Pre-/Post-Test Blackline Master 6. What is the investigation into developing new or improved products, processes, or services? a. Marketing b. Research and development c. Market research d. Balancing assets and liabilities

7. Ana has bought a small apartment. She has a good job, but not enough money to buy all the furniture she wants. She knows she needs a loan, but doesn’t know how much. Which bank product would help Ana furnish her apartment? a. Certificate of deposit. b. Credit card. c. Mortgage loan . d. Research and development.

Post-Test Only Are these sentences true for you?

I don’t Please check the box under the answer that applies to you. Yes No know A. Junior Achievement made school more interesting. o o o B. Junior Achievement made me aware of career options. o o o C. Junior Achievement was fun. o o o D. Junior Achievement provided a challenge. o o o Junior Achievement connected what I learned in the classroom E. o o o with real life. F. Junior Achievement helped me prepare for the future. o o o G. Junior Achievement taught me how to manage my money. o o o Junior Achievement made me realize the importance of staying in H. o o o school.

 Would you recommend this program to a friend? o Yes o No

 List two things you learned from JA Banks in Action that you think are important: 1. 2.  Have your plans for the future – your education, your career, etc. – changed since you have participated in the JA Banks in Action program? o Yes, my plans have changed a great deal. o Yes, my plans have changed somewhat. o No, my plans have not changed. (Skip final question.)

 Please explain how your plans have changed: