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University

143 Qs

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Assessment

Quiz

Mathematics

University

Practice Problem

Easy

Created by

Thảo Phương

Used 2+ times

FREE Resource

143 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Short selling is:

the purchase of a financial product

the sale of a financial product that the seller does not own

a type of investment strategy

none of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term ‘medium of exchange' for money refers to its use as:

a store of value

something that is widely accepted as payment for goods and services

a unit of account

none of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The role of money as a store of value refers to:

the fact that money allows worth to be stored readily

the ability to save money

the ability to invest money

none of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exchange of goods and services is made more efficient by:

money

barter

credit

trade

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money increases economic growth by assisting transfers from:

borrowers to savers

savers to borrowers

investors to companies

none of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial markets have developed to facilitate the exchange of money between savers and borrowers. Which of the following is NOT a function of money?

A claim to future cash flows

Medium of exchange

Store of value

Unit of account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buyers of financial claims lend their excess funds because they:

want surplus funds in the future

need to pay off debts

want to invest in stocks

none of the above

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