Finance Quiz 2

Finance Quiz 2

6th - 8th Grade

12 Qs

quiz-placeholder

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Finance Quiz 2

Finance Quiz 2

Assessment

Quiz

History, Geography

6th - 8th Grade

Medium

Created by

Elizabeth McClain

Used 16+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three functions of money?

Unit of Account, Store of Value, Medium of Exchange

Unit of Profit, Store of Denomination, Medium of Exchange

Unit of Account, Store of Value, Medium of Change

Unit of Profit, Store of Value, Medium of Change

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who are able to work, but do not have a job during a period of time are...

unemployed

the labor force

labor force participation rate

unemployment rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the number of people who either have a job or are looking for work is called...

unemployed

the labor force

labor force participation rate

unemployment rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An organization that is set up to help those in need but not to make a profit from the business is called a...

non-profit

bank

only a credit union

business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a means for comparing the values of goods and services

unit of account

medium of exchange

store of value

3 functions of money

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

anything that is used to determine value during the exchange of goods and services

unit of account

medium of exchange

store of value

3 functions of money

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ramen, goats, and coins are all examples of...

unit of account

medium of exchange

store of value

3 functions of money

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