PBMF- Chapter 15 Review

PBMF- Chapter 15 Review

9th - 11th Grade

•

40 Qs

quiz-placeholder

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PBMF- Chapter 15 Review

PBMF- Chapter 15 Review

Assessment

Quiz

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Other

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9th - 11th Grade

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Practice Problem

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Medium

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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything of value that is accepted in return for good or services is ____.

products

credit

money

cash

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ____ is type of financial investment issued by a corporation, government, or other organization

loan

security

banknote

financial exchange

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As a function of money, ____ means that money is a common measure of the worth or price of a good or service

banknote

store of value

monetary system

unit of value

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As a property of money, ____ means that money must maintain its value over time in order to be widely accepted

stable

portable

durable

recognized

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of transferring money from one individual or organization to another is ____.

monetary policy

medium of exchange

financial exchange

financial services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Any organization that provides services related to money is a ____.

corporation

business

store

financial institution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A nonprofit financial institution that is privately owned and provides banking services for its members is called a ____.

trust department

credit union

insurance agency

bank

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