What primarily gives a hundred dollar bill its value over other pieces of paper?
Exploring the Value of a Dollar Bill

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Other
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9th Grade
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Hard

Aiden Montgomery
Used 8+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Its widespread acceptance in trade
The government's declaration
The material it's made from
The artwork on the bill
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant change occurred to the US dollar in 1971?
It was linked to gold
It was no longer accepted internationally
It was backed by silver
It became a fiat currency
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the US dollar linked to before 1971?
Foreign currencies
Gold and silver
Industrial output
Oil reserves
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which entity is responsible for setting the monetary policy in the United States?
The Legislative Branch
The Executive Branch
The Judicial Branch
The Federal Reserve
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why can't the Federal Reserve just print an unlimited amount of money?
The printing machines have a limit
It would cause inflation
It's against international law
It would lead to deflation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of currency?
To be exchanged for goods and services
To be saved for future use
To showcase a country's wealth
To collect as memorabilia
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary reason too much inflation is harmful to the economy?
It increases the value of money
It makes international trade more competitive
It decreases consumer spending
It leads to overconsumption and shortages
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