Money and Finance: Crash Course Economics #11

Which is the most efficient way to do business?

• barter

• money

• craigslist

• credit

(a)   is anything that is used as a medium of exchange.

Increasingly, our money exists in _________ form.

• card

• paper

• coin

• digital

When the government guaranteed a certain amount of gold for each dollar, that was called the _________ standard.

• gold

• security

• finance

• government

All countries use the gold standard.

• True

• False

(a)   is the machinery, tools, and factories owned by a business and used in production.

A financial system is a (a)   of institutions, markets, and contracts that bring borrowers and lenders together.

Banks and bonds both deal in _____.

• foreign policy

• debt

• domestic policy

• emu adoptions

Equity is the difference between the value os the assets/interest and the cost of the (a)   of something owned.

Financial markets are a way for people to ___________ their money.

• invest

• charge interest on

• spend

• crowd source