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What's Wrong With U.S. Cash

Authored by Marian Moore

Social Studies

Professional Development

Used 2+ times

What's Wrong With U.S. Cash
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10 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the estimated amount that the Federal Reserve will spend to print bills in 2023?

9314 billion

9314 million

9314 thousand

9314 trillion

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which countries have moved away from cash and towards digital payments?

Nordic countries

India

Both A and B

None of the above

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the percentage of Americans who didn't use cash in a given week in 2022?

41%

29%

59%

71%

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the most circulated currency denomination in the US?

$1 bill

$100 bill

$5 bill

$2 bill

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Why are $100 bills in circulation increasing?

To avoid taxes

None of the above

For illegal activity

Both A and B

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which currency denominations were discontinued in 1969?

$500, $1,000, $5,000

$100, $500, $1,000

$1, $5, $10

$10, $20, $50

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Why did the US Treasury end production of $1 coins in the past?

All of the above

Counterfeiting concerns

High production cost

Lack of popularity

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