Car bomb explodes near outdoor market killing three people

Car bomb explodes near outdoor market killing three people

Assessment

Interactive Video

Business, Economics, Finance

9th - 12th Grade

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary role of money in an economy?

To act as a form of entertainment

To provide a means of communication

To serve as a medium of exchange

To be a source of conflict

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a function of money?

Store of value

Unit of account

Source of energy

Medium of exchange

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has money evolved over time?

From barter to digital currency

From paper money to barter

From digital currency to barter

From coins to barter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which form of money is most commonly used today?

Coins

Barter

Shells

Digital currency

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key characteristics that make money effective?

It is perishable

It is difficult to divide

It is universally accepted

It is heavy and hard to transport