Unit 8 Vocabulary- Monetary Policy

Unit 8 Vocabulary- Monetary Policy

9th - 12th Grade

14 Qs

quiz-placeholder

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Unit 8 Vocabulary- Monetary Policy

Unit 8 Vocabulary- Monetary Policy

Assessment

Quiz

History

9th - 12th Grade

Medium

Created by

Ragan Adkins

Used 9+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What function of money does the picture represent?

Medium of Exchange

Store of Value

Unit of Account

Acceptable

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What function of money does the picture represents?

Medium of Exchange

Store of Value

Unit of Account

Durable

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What function of money does the picture represents?

Medium of Exchange

Store of Value

Unit of Account

Stable

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Last year, you sold your game system to your friend Jimmy for $125 in cash. You've been saving that money in a shoe box under your bed. You are saving the money to buy a new computer next year. What is the primary function of money exhibited here? 

Medium of Exchange
Store of Value
 Unit of Account
Stable 

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

At the grocery store last week, you purchased $94.25 worth of groceries. You paid for the groceries in cash. You gave the cashier four $20 bills, a $10 bill, three $1 bills, and a quarter. What is the primary function of money exhibited here? 

Medium of Exchange
Store of Value
Unit of Account
Acceptable 

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

At the grocery store last week, you had to decide whether to buy the 14.5 oz can of diced tomatoes for $1.75 or the 28 oz. can of diced tomatoes for $2.44. What is the primary function of money exhibited here? 

Medium of Exchange
Store of Value
Unit of Account
Divisible 

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

V1- When money is used to facilitate transactions between households, businesses, financial institutions, and governments

Medium of exchange

Store of value

Unit of account

Bartering

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