Chapter 10- Money
Authored by Johanna Witt
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11th Grade - University
Used 28+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that is used as a medium of exchange, a unit of account, and a store of value?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that is used to determine value in an exchange?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that serves as a way to compare values?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Objects that have value in themselves as well as their value as a means of exchange are called?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two units of the same type of money must be the same in terms of what they will buy, which is the principle of
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money must have which of these characteristics
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the gold standard?
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