Chapter 10 Econ

Chapter 10 Econ

9th - 12th Grade

63 Qs

quiz-placeholder

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Chapter 10 Econ

Chapter 10 Econ

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Madison Massingill

Used 1+ times

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63 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Privately owned, publicly controlled, central bank of the United States

Federal Reserve Note

Barter Economy

Commodity Money

Federal Reserve System

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paper currency issued by the Fed that eventually replaced all other types of federal currency

Fiat Money

Federal Reserve Note

Specie

National Currency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Moneyless economy that relies on trade

Legal Tender

State Bank

Barter Economy

Federal Reserve System

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that has an alternative use as an economic good

Commodity Money

Fiat Money

State Bank

Specie

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money by government decree; has no alternative value or use as a commodity

Fiat Money

Commodity Money

National Currency

National Bank

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money in the form of gold or silver coins

Specie

Federal Reserve Note

Fiat Money

Legal Tender

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank that receives its charter from the state in which it operates

National Bank

National Currency

Legal Tender

State Bank

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