What is the primary function of money?
Death toll passes 200 in capsized Tanzania ferry

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Business, Economics, Finance
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9th - 12th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To be a source of energy
To act as a form of entertainment
To be a decorative item
To serve as a medium of exchange
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the historical evolution of money?
Money has no historical significance
Money was invented in the 20th century
Money evolved from barter systems to digital currency
Money has always been in the form of coins and notes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the introduction of coins impact trade?
It had no impact on trade
It discouraged people from trading
It simplified and expanded trade
It made trade more complicated
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does money play in the modern global economy?
It is irrelevant in today's economy
It acts as a universal measure of value
It is primarily used for artistic purposes
It is only used in local markets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a modern form of money?
Gold nuggets
Shells
Digital currency
Barter items
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