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Ch. 17 Money and Banking

Authored by Adam Calhoon

History

9th - 12th Grade

Used 6+ times

Ch. 17 Money and Banking
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The US government began printing paper money during the...

War of 1812

Civil War

Spanish-American War

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Before money we used....

labor

legal tender

bartering

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A medium of exchange is...

a bottle of water

the dollar

a package of meat

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Standard of Value is easier to compare with currency.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Store of Value involves...

spending money when it's available

putting money in the bank

budgeting your monthly income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gold has always been the standard of currency.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most commonly used currency in the world is the...

dollar

euro

yen

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