Role of money

Role of money

12th Grade

10 Qs

quiz-placeholder

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Role of money

Role of money

Assessment

Quiz

Arts

12th Grade

Easy

Created by

Saba Darr

Used 10+ times

FREE Resource

10 questions

Show all answers

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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