Money and Banking

Money and Banking

6th - 8th Grade

30 Qs

quiz-placeholder

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Money and Banking

Money and Banking

Assessment

Quiz

Social Studies

6th - 8th Grade

Medium

Created by

Cheryl Waters

Used 45+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

trade a good or service for a good or service provided by someone else

barter

moeny

2.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

anything that people will accept as payment for goods and services

money

barter

3.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

means through which goods and services can be exchanged

medium of exchange

store of value

4.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

something that holds its value over time

store of value

unit of account

5.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

yardstick of economic value in exchanges

interest rate

unit of account

6.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

percentage of the total amount of money loaned or borrowed

interest rate

assets

7.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

things of economic value that a person or company owns

assets

debits

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