CE 10.03 Quiz Review

What is the type of payment that is signed and orders a bank to pay cash from a bank account?

• check (old skool)
• coins
• Store value (saving), compare values, makes trade easier
• allows us to compare the value of goods and services

Where is U.S. currency printed?

• Store value (saving), compare values, makes trade easier
• Bureau of Engraving and Printing (D.C. & Fort Worth)
• coins
• it's garuanteed by the government

What can money serve as?

• allows us to compare the value of goods and services
• anything accepted as payment for goods and services
• Federal Reserve
• it's garuanteed by the government

What garauntees the value of money?

• Federal Reserve
• coins
• check (old skool)
• Store value (saving), compare values, makes trade easier

What type of money is made of varying types of metal?

• Bureau of Engraving and Printing (D.C. & Fort Worth)
• allows us to compare the value of goods and services
• coins
• Federal Reserve

What is money?

• Bureau of Engraving and Printing (D.C. & Fort Worth)
• anything accepted as payment for goods and services
• coins
• Federal Reserve

What's the benefit of using money?

• coins
• Store value (saving), compare values, makes trade easier
• Federal Reserve
• allows us to compare the value of goods and services

How do we know our money has value and can be used to buy stuff?

• check (old skool)
• it's garuanteed by the government
• allows us to compare the value of goods and services
• coins