Money and Banking

Money and Banking

12th Grade

44 Qs

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Money and Banking

Money and Banking

Assessment

Quiz

Social Studies

12th Grade

Medium

CCSS
RI.11-12.3, RF.3.3B, RI.8.2

+13

Standards-aligned

Created by

MELISSA KELLEY HYATT

Used 16+ times

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44 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

an arrangement by which people borrow money from a bank to buy a house, and pay back the money over a period of years

mortgage

overdraft

share

refund

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

a special machine through which you can do bank transactions

Cash dispenser

Automated Teller Machine

Cashpoint

Checkout

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The coins and paper bills used as money in a society

Prices

Currency

Bond

Checks

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.1

CCSS.RL.8.1

CCSS.RL.9-10.2

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A small plastic card that you use to buy goods or services (even if you don't have the amount on your account at the moment).

Debit card

Credit card

Cash card

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A special plastic card that you can use to pay for things directly from your bank account.

Credit card

Cash card

Debit card

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

_____________ is a bank that can lend money to other banks in times of crisis

Congress

Central Bank

Department of the Interior

National Bank

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

_____________ is money by government decree, has no alternative value

Gold standard

Specie

Barter

Fiat money

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