06.07 Module Six Assessment Review

What is another name for money?

• Scarcity

• Currency

• Trade

How many characteristics must money have?

• 4

• 8

• 2

What characteristic means that money is made to last for a long time?

• Recognizable

• Durable

• Portable

Money is portable. What does this mean?

• Money is made to last for a long time.

• Money is recognizable.

• Money is easy to carry and use.

What is another word for paper money?

• Bills

• Coins

• Trade

What is another word for money made from small pieces of metal stamped with a design?

• Coins

• Bills

• Trade

You can tell a penny by its color, size, and picture. What characteristic of money is this?

• Divisible

• Recognizable

• Portable

Which currency is used in the United States

• Peso

• Dollar

• Euro

How is U.S. currency and Mexican currency the same?

• Both use coins only.

• Both use coins and bills.

• Both use bills only.

What does it mean to withdraw money?

• To take money out of bank

• To buy something

• To borrow money