CLEAN : Piled-up luggage, overturned carriages at Pakistan train crash site

CLEAN : Piled-up luggage, overturned carriages at Pakistan train crash site

Assessment

Interactive Video

Business, Economics, Finance

9th - 12th Grade

Hard

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary role of money in an economy?

To provide unlimited resources

To be a source of conflict

To serve as a medium of exchange

To act as a form of entertainment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a function of money?

Store of value

Unit of account

Medium of exchange

Source of happiness

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is money considered important in modern society?

It is a form of art

It facilitates trade and economic stability

It is a tool for conflict

It is a source of entertainment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has money evolved over time?

From barter to digital currency

From digital currency to barter

From paper to barter

From coins to barter

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential future development in the concept of money?

Increased use of digital currencies

Return to barter system

Elimination of all forms of money

Money becoming obsolete