Money and Methods of Payment
Authored by Ted Steinhauser
History
9th - 12th Grade
Used 6+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
14 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following is a function of money?
Medium of Exchange
Standard/ Measure of Value
Store of Value
Method of Payment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why must money be durable?
To exist forever
To be a store of value
To be a medium of exchange
To save costs on making more
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The usage of "pieces of eight" by the Spanish Empire represents which characteristic of money?
Portable
Divisible
Limited Supply
Uniform
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An object that has value in and of itself, and can be used as money is the definition of what type of money?
Commodity Money
Representative Money
Fiat Money
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money that has value because the government says it has value is the definition of what type of money?
Commodity Money
Representative Money
Fiat Money
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money that has value because the owner can exchange it for something else is the definition of what type of money?
Commodity Money
Representative Money
Fiat Money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gold, Gems and Salt are examples of what type of money?
Commodity Money
Representative Money
Fiat Money
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
