WorksheetsChapter 1
Total questions: 10
Worksheet time: 10mins
Money appeared in the period:
The early period of primitive communes
The period of social division of labor development
The period of private ownership appeared
The period of the birth of intermediate objects as means of exchange
In order for an object to become money, it must:
Be produced by the government
Generally accepted in payment
Be backed by gold or silver
b and c
The order of money evolution?
Commodity money, check, fiat money, e- money
Commodity money, fiat money, e- money, check
Fiat money, check, e- money, commodity
Commodity money, fiat money, check, e-money
The development of card payment activities makes:
Cash holding ratio increase
Cash holding ratio decrease
Money circulation velocity increase
b and c
Among the monetary systems, the paper money circulation system:
Was born earliest
Was born latest
Has the highest stability
Has no inflation
When you buy gold and store it to protect your assets, money performs which function?
Medium of exchange
Unit of account
Store of value
Means of payment
Among the functions of money
The medium of exchange function reflects the nature of money
The medium of exchange function reflects the nature of money
The world currency function is the most important function
Both a and b
When performing which of the following functions does money NOT need to be physically present?
Measure of value
Means of payment
Medium of exchange
Means of storage
In which of the following transactions does money perform the function of exchange
Transferring money through a bank account
Purchasing goods at a supermarket
Withdrawing money from an ATM
All three
Which function of money overcomes the double coincidence of needs of direct exchange?
Medium of exchange
Measure of value
Means of accumulation
None of the above
