WorksheetsBF Ch. 1-1, Part 1 Quiz
Total questions: 10
Worksheet time: 5mins
Any item that serves as a method of payment is called
a stock.
a bond.
money.
a promissory note.
If a country exports more than it imports, it is said to have a
trade surplus.
trade deficit.
consumer price index.
budget deficit.
A rise in the general level of prices is called what?
Deficit
Inflation
Consumer Price Index
Finance
CPI stands for
consumer product index
country price index
customer product investment
consumer price index
Activities involved with saving, investing, and using money by individuals, businesses, and governments is the definition of
finance
money
transaction
interest
If a country imports more than it exports, this would be known as a(n)
trade deficit
trade surplus
budget deficit
inflation period
How many participants are involved in a financial system?
2
5
3
4
The value of a country's currency in relation to the value of the currency of another country is known as
inflation
foreign exchange rate
surplus
money
The three factors affecting financial activities are
interest rates, money supply, consumer prices
government, money supply, consumer prices
interest rates, deficits, money supply
government, businesses, consumers
Fairness in financial transactions is regulated by a government agency called the SEC. What does SEC stand for?
Securities and Exchange Company
Safeguard Every Consumer
Safeguard and Exchange Commission
Securities and Exchange Commission
