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Chapter 6

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

This means to acquire goods and services without Money

a)

Barter

b)

Trade up

c)

Supply Economcs

d)

Nunya Business

2.

What is not a Characteristic of money

a)
It must be easily divisible.
b)

It must have a US President on it

c)

It must be universally accepted in the US

d)
It must be durable.
3.

What is currency?

a)
Currency is a medium of exchange used to facilitate transactions.
b)
Currency is a type of investment.
c)
Currency is a form of digital art.
d)
Currency is a government policy for trade.
4.

How many regional Federal Reserve banks are there in the U.S.?

a)
12
b)
8
c)
15
d)
10
5.

The actions that the Fed takes to influence the level of real GDP

a)
The Fed influences real GDP by setting fiscal policy measures.
b)
The Fed uses taxation policies to control real GDP levels.
c)
The Fed adjusts trade tariffs to influence real GDP.
d)
The Fed influences real GDP through monetary policy tools like interest rate adjustments, open market operations, and reserve requirements.
6.

this describes a collection of financial assets that a person or business has

a)
investment
b)
savings account
c)
liability
d)
portfolio
7.

Redirecting money/ resources from being used today so it can benefit us in the long run

a)
Savings
b)
Debt repayment
c)
Consumption
d)
Investment
8.

This kind of market is when stocks are stagnate or on the decline

a)
Bear market
b)
Stagnant market
c)
Bull market
d)
Growth market
9.

This type of market is when stock prices and the economy are on the rise

a)
Bull market
b)
Volatile market
c)
Stagnant market
d)
Bear market
10.

stock market Speculation

a)
Trading stocks based on company news without regard to price changes.
b)
Stock market speculation is the practice of buying and selling stocks to profit from price fluctuations.
c)
Buying stocks only for dividends.
d)
Investing in bonds for long-term growth.
11.

stock exchange

a)
A venue for hosting corporate meetings.
b)
A marketplace for buying and selling securities.
c)
A place for trading commodities.
d)
A platform for social networking.
12.

prospectus

a)
A summary of a company's annual report.
b)
A formal document detailing an investment offering.
c)
A brochure for a new product launch.
d)
A legal document for real estate transactions.
13.

money supply

a)
The total amount of money available in an economy.
b)
The value of all assets owned by individuals in an economy.
c)
The interest rates set by the central bank.
d)
The total amount of gold reserves in a country.
14.

reserves

a)
Reserves are liabilities that must be paid off immediately.
b)
Reserves are the total income generated by a business.
c)
Reserves are funds that can only be used for investments.
d)
Reserves are assets set aside for future use or emergencies.
15.

time at which payment to a bold holder is due

a)
Maturity date
b)
Principal amount
c)
Interest rate
d)
Payment deadline
16.

low denominating investments issued by the government

a)
Mutual funds
b)
Corporate bonds
c)
Savings bonds or treasury bills
d)
Real estate investments
17.

check clearing

a)
The method of depositing cash into a bank account.
b)
A type of electronic payment system.
c)
The process of issuing new checks to customers.
d)
The process of settling transactions involving checks.
18.

foreclosure

a)
Foreclosure is a type of home insurance policy.
b)
Foreclosure refers to the process of renting a property to tenants.
c)
Foreclosure is the legal process of taking possession of a property due to the borrower's failure to make mortgage payments.
d)
Foreclosure is a method of selling a property at auction.
19.

M1, the ability to be used as or converted into cash

a)
Asset Value
b)
Liquidity
c)
Equity
d)
Solvency
20.

Stock share

a)
A government-issued certificate.
b)
A form of currency exchange.
c)
A unit of ownership in a company.
d)
A type of financial bond.