Money, Banking, & Finance
Authored by Jose Gainza
Other
12th Grade
Used 35+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you call anything that people will accept as payment for goods and services?
bonds
money
savings
stocks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which physical property of money allows sellers to make change?
divisibility
durability
portability
uniformity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which physical property of money explains why representative money replaced commodity money such as gold and silver?
divisibility
durability
portability
uniformity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic property of money refers to its use as a medium of exchange?
acceptability
portability
scarcity
stability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which function of money makes it easier for people to save their money to spend in the future?
medium of exchange
standard of value
store of value
uniformity of currency
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which function of money allows you to decide if you want to buy two $10 movie tickets or a $20 DVD?
medium of exchange
standard of value
store of value
uniformity of currency
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT part of M1?
checking account deposits
coins
paper money
savings account deposits
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