Glossary Terms

Glossary Terms

9th Grade

15 Qs

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Glossary Terms

Glossary Terms

Assessment

Quiz

Business

9th Grade

Practice Problem

Easy

Created by

Holly Marsland-Kelsey

Used 2+ times

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15 questions

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1.

OPEN ENDED QUESTION

30 sec • 1 pt

Often recived for providing goods and services to other and a way of making payments, usually by notes or coins or EFT

Evaluate responses using AI:

OFF

Answer explanation

Money

2.

OPEN ENDED QUESTION

3 mins • 1 pt

The use of goods or services as a means of exchange.

Evaluate responses using AI:

OFF

Answer explanation

bartering

3.

OPEN ENDED QUESTION

3 mins • 1 pt

a method of payment for good or service

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OFF

Answer explanation

medium of exchange

4.

OPEN ENDED QUESTION

3 mins • 1 pt

a numerical unit of measurement if market value of goods and services

Evaluate responses using AI:

OFF

Answer explanation

Unit of account

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Money is reliably stored saved and retrieved

Evaluate responses using AI:

OFF

Answer explanation

store of value

6.

OPEN ENDED QUESTION

3 mins • 1 pt

the notes and coins accepted in a particular country.

Evaluate responses using AI:

OFF

Answer explanation

Currency

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Money received in the form of wages from working, dividends from shares owned, or rent received from property owned.

Evaluate responses using AI:

OFF

Answer explanation

Income

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