Currency

Currency

9th - 12th Grade

20 Qs

quiz-placeholder

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Currency

Currency

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Shanda Westmoreland

Used 4+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is currency made of?

Coins and paper money.

Credit cards and checks.

Gold and silver

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a factor that can affect the foreign exchange rate?

Economic conditions

interest rates

Political events

The weather

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most widely used currency in international transactions?

US dollar

Euro

Japanese yen

Bitcoin

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true about Bitcoin?

It is not supported by any tangible assets or government.

It is supported by a government's tangible assets.

It is stable and reliable currency.

It is not a high risk investment.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is exchange rate?

The rate at which one currency can be exchanged for another.

The values of a currency relative to to currencies.

The market demand for a currency.

The frequency and magnitude of changes in the exchange rate.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A central bank is

responsible for issuing and circulating a countries currency within economic system.

responsible for printing currency to stop inflation.

were we make deposits and withdrawls based on our dividends.

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the functions of money (currency)? Pick all that apply

store of value

unit of account

medium of exchange

inflation

deflation

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