Alternative Investments Test Review:  Short Selling, Crypto, NFT

Alternative Investments Test Review: Short Selling, Crypto, NFT

12th Grade

48 Qs

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Alternative Investments Test Review:  Short Selling, Crypto, NFT

Alternative Investments Test Review: Short Selling, Crypto, NFT

Assessment

Quiz

Business

12th Grade

Practice Problem

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Created by

Joanna Binette

Used 3+ times

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48 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the largest cryptocurrency in terms of market cap?

Ethereum

Litecoin

Bitcoin

Ripple

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a blockchain?

A type of cryptocurrency

A digital ledger for recording transactions

A physical wallet for storing coins

A government regulation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of a cryptocurrency?

To act as a physical currency

To regulate the generation of units and verify fund transfers

To store physical assets

To provide government loans

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a cryptocurrency wallet used for?

Storing public and private keys for transactions

Exchanging fiat money

Mining new coins

Regulating market prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a digital exchange?

A physical marketplace for trading goods

A platform for trading cryptocurrencies and digital currencies

A government agency for regulating currencies

A type of cryptocurrency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main characteristic of decentralized finance (DeFi)?

Involvement of banks and governments

Conducting financial activities without intermediaries

Use of physical currency

Centralized control by a single entity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term describes a business that allows trading of cryptocurrencies for other assets?

Crypto Coin

Digital Exchange

Cryptocurrency Wallet

Blockchain

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