Money/Banking

Money/Banking

Assessment

Flashcard

Other

12th Grade

Hard

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22 questions

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1.

FLASHCARD QUESTION

Front

What is used to measure inflation?

Back

CPI Consumer Price Index

2.

FLASHCARD QUESTION

Front

Which of these is the most liquid asset? Options: Checks, Property, Cash, Credit

Back

Cash

3.

FLASHCARD QUESTION

Front

A good tax should be all of these but? Simple, Efficient, Equal, Overbearing

Back

Overbearing

4.

FLASHCARD QUESTION

Front

What is happening here? Options: Bartering, Cooking, Flirting, Machismo

Back

Bartering

5.

FLASHCARD QUESTION

Front

Which is not a use of money? Options: Medium of exchange, a store of value, unit of account, to start a fire

Back

to start a fire

6.

FLASHCARD QUESTION

Front

What type of money would this be?
Options: Commodity, Fiat, Representative, Gold

Back

Commodity

7.

FLASHCARD QUESTION

Front

What is a negative of using a Debit Card?

Back

Can get charged fees if the money isn't in your account

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