Kiến Thức Về Tiền Tệ

Kiến Thức Về Tiền Tệ

Assessment

Flashcard

Financial Education

University

Hard

Created by

Quizizz Content

FREE Resource

Student preview

quiz-placeholder

19 questions

Show all answers

1.

FLASHCARD QUESTION

Front

🔹 What is the currency unit of Japan?

Back

Yen

Answer explanation

The currency unit of Japan is the Yen. It is the official currency used for all transactions in Japan, unlike the other options listed, which are currencies of different countries.

2.

FLASHCARD QUESTION

Front

🔹 Who is printed on the 100 US dollar bill?

Back

Benjamin Franklin

Answer explanation

The 100 US dollar bill features Benjamin Franklin, a Founding Father and key figure in American history. The other options, John Adams, Abraham Lincoln, and Ronald Reagan, are not depicted on this bill.

3.

FLASHCARD QUESTION

Front

🔹 What does "FIAT" currency mean?

Back

Currency without intrinsic value, backed by the government

Answer explanation

"FIAT" currency refers to money that has no intrinsic value and is not backed by a physical commodity. Instead, it is established as legal tender by government decree, making option b) the correct choice.

4.

FLASHCARD QUESTION

Front

🔹 Which country was the first to use paper money?

Back

China

Answer explanation

China was the first country to use paper money during the Tang Dynasty (618-907 AD), which later became widely adopted in the Song Dynasty. This innovation revolutionized trade and commerce.

5.

FLASHCARD QUESTION

Front

🔹 What is the most expensive coin ever sold?

Back

1933 Saint-Gaudens Gold Coin

Answer explanation

The most expensive coin ever sold is the 1933 Saint-Gaudens Gold Coin, which fetched over $7.5 million at auction. Its rarity and historical significance contribute to its high value.

6.

FLASHCARD QUESTION

Front

🔹 What is the highest denomination ever printed in the U.S.?

Back

$100,000

Answer explanation

The highest denomination ever printed in the U.S. was the $100,000 bill, featuring Woodrow Wilson. It was used only for transactions between Federal Reserve Banks and is no longer in circulation.

7.

FLASHCARD QUESTION

Front

🔹 What does the "bull market" mean?

Back

Up market

Answer explanation

A "bull market" refers to a period when prices are rising or are expected to rise, indicating an "up market". Therefore, the correct answer is b) Up market.

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?