Money and Banking
Authored by Cheryl Waters
Social Studies
6th - 8th Grade
Used 45+ times
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30 questions
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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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