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Money Quiz 14 (25 MCQs)

Quiz Instructions:

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1. Which of the following is a sign of a weak economy?
2. When deciding which purchase is the best deal, which role of money is being used?
3. Which of the following uses an allocation system based on achievement?
4. Privately owned, publicly controlled, central bank of the United States
5. Money by government decree; has no alternative value or use as a commodity
6. Specific coins and paper bills used as money is known as:
7. Member-owned financial cooperations, created to serve the financial needs of their members. Because they dont nee to earn profits beyond expenses, they often have better terms and lower rates.
8. Only one woman has ever appeared on a dollar bill. Who was it?
9. You pick up a $ 5 bill. What are you holding?
10. A specific loan for real estate
11. Which of the following was never used as currency?
12. When there is not enough of a certain item, it is called
13. Which of the four characteristics of money can be defined as "able to be broke down" ?
14. The idea that an economy regulates itself is known as
15. Money that can be used for alternative purposes, such as corn, hemp, gunpowder and musket balls is known as
16. Something accepted by all parties as payment for goods and services
17. Three functions of money _____
18. Are credit cards considered money?
19. The money that banks must keep in their vaults and are not able to loan out is called
20. Anything that sets the standard of value of goods and services acceptable to all parties involved in a transaction is called?
21. This function of money is money as a "yardstick, " a way to measure the relative worth of a variety of products.
22. A system in which the basic unit of currency is equivalent to, and can be exchanged for, a specific amount of gold
23. What is the store of value?
24. In which market can you buy and sell shares of ownership in a company?
25. Pick the one thing money does not have to do
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