Role of money
Authored by Saba Darr
Arts
12th Grade
Used 10+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of money?
Medium of exchange, increase wealth and price
Reduce wealth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a medium of exchange?
Money is the way people pay for products or services
Money is when a person has a small amount of money
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does to increase wealth mean?
Money is when a person has a small amount of money
Money is when a person has a large amount of money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does price mean?
All products and services are measured in terms of money
All products and services are measured in terms of value
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does benefit mean?
Something good
Something bad
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit of money?
Buying things we need to survive
Not able to buy anything
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit of money?
Buying things to satisfy what we want
Not satisfying our wants
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