Characteristics of money
Authored by Arun Mohan
Social Studies, Business
9th Grade
Used 22+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What function of money the picture represent?
Medium of Exchange
Store of Value
Unit of Account
Acceptable
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What function of money the picture represents?
Medium of Exchange
Store of Value
Unit of Account
Durable
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What function of money the picture represents?
Medium of Exchange
Store of Value
Unit of Account
Stable
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
30 sec • 1 pt
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
30 sec • 1 pt
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
30 sec • 1 pt
What is NOT a characteristic of money?
Divisible
Portable
Acceptable
Accessible
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