Disappearing Dollars

Disappearing Dollars

University

5 Qs

quiz-placeholder

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Disappearing Dollars

Disappearing Dollars

Assessment

Quiz

Business

University

Hard

Created by

Matthew Roth

Used 2+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In early March 2019, Philadelphia became the first major U.S. city to...

require stores to accept credit cards

ban cashless stores

change the face on the dollar bill

lose the money that was deposited in a major bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

10 yrs ago, 6 in 10 transactions globally were done using cash. Today, the number is __ in 10

1

2

3

4

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are some people concerned about a shift to a cashless society?

Unbanked people would be denied access to the economy

People spend more with cash vs. digital

Digital transactions are harder to trace

Cash transactions are more likely to be accurately recorded

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percent of 18-23 year olds prefer cash over a debit or credit card?

7%

18%

25%

60%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

VISA recently offered $10,000 to restaurants that ______________

stop throwing out food and start donating it to the homeless

stop accepting Mastercard and American Express cards

stop offering "cash back" on purchases

stopped accepting cash