Unit 5 Vocabulary
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Social Studies
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12th Grade
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Practice Problem
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Medium
Wesley Hearne
Used 15+ times
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1 Slide • 20 Questions
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Multiple Choice
“Legal tender,” has value because a government has decreed that it is an acceptable means to pay debts.
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Multiple Choice
A portion of stock.
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Multiple Choice
To fail to pay back a loan.
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Multiple Choice
The difference between the selling price and purchase price that results in a financial loss for the seller.
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Multiple Choice
The amount of money borrowed.
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Multiple Choice
A steady drop or stagnation in stock prices in general over a period of time.
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Multiple Choice
A market for buying and selling stock.
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Multiple Choice
Money in a checking account that can be paid "on demand," or at any time.
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Multiple Choice
An organization that pools the savings of many individuals and invests this money in a variety of stocks, bonds, and other financial assets.
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Multiple Choice
Consists of objects that have value in and of themselves and that are also used as money.
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Multiple Choice
The difference between the selling price and purchase price that results in a financial gain for the seller.
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Multiple Choice
Funds that pool money from small savers to purchase short-term government and corporate securities.
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Multiple Choice
A means for comparing the values of goods and services.
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Multiple Choice
A steady rise in stock prices in general over a period of time.
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Multiple Choice
The price paid for the use of borrowed money.
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Multiple Choice
Anything used as money; today we use coins and paper bills as money.
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Multiple Choice
Anything that is used to determine value during the exchange of goods and services.
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Multiple Choice
To keep value when held onto—or stored—it instead of spending.
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Multiple Choice
Anything that serves as a medium of exchange, a unit of account, and a store of value.
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Multiple Choice
Makes use of objects that have value solely because the holder can exchange them for something else of value.
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