What is currency made of?

Currency

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Shanda Westmoreland
Used 4+ times
FREE Resource
20 questions
Show all answers
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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