SOL Review Game 11/12
Quiz
•
History
•
2nd Grade
•
Practice Problem
•
Hard
Haley Slaybaugh
Used 5+ times
FREE Resource
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33 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the central bank of the United States that maintains the value of the U.S. currency, regulates banks, attempts to keep inflation down and acts as the federal government's bank?
Department of Treasury
U.S. Mint
Bank of America
Federal Reserve
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The movement of resources, goods and services and money between households, businesses, and government in the United States economy is known as the?
Supply and Demand
Round Movement of Money
Circular Flow
Government Control
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Check the 4 boxes that describe private financial institutions.
Government's bank
Includes banks and credit unions
Pay interest
Receive deposits
Make loans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What will using technology do to the cost of production?
No influence it at all
Raise it
Lower it
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the three forms of money issued in the United States?
deposits in bank accounts that can be accessed by checks and debit cards
Cash
Credit cards
Coins
Cars
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the 3 reasons states and nations trade?
The don't have enough resources to produce everything they need
To sell goods and services to other countries
To create jobs
To keep everything for themselves
They have all the resources they need so there is no need to trade
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To promote efficiency and growth, the United States and Virginia ________________in the production of certain goods and services.
Specialize
Trade
Promote
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