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Quick Review Chapter 15

Authored by Stephanie Farris

Professional Development

10th Grade

Used 1+ times

Quick Review Chapter 15
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The study of money: how it's managed by individuals, companies, and governments is known as ______.

finance

banking

accounting

exchange

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The trading of goods and services for other goods and services is called ______.

bartering

finance

fiat trading

accounting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The rate of interest the Fed charges to loan money to any banking institution to meet reserve requirements is called the ______ rate.

prime

reserve

discount

fiat

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that can be used for payment of goods and services is defined as ______.

trade

barter

money

finance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n) ______ is similar to a mutual fund but the assets in the fund duplicate a stock market index.

ETF

FDIC

SEC

S&L

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation primarily disrupts the _____ principle of money.

durability

stability

acceptability

divisibility

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The characteristic of money that relates to it having a long useful life is:

acceptability

stability

portability

durability

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