Global MCQ Practice

🌐 Total MCQ
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

Money Quiz 17 (30 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. Counterfeiting money is a felony crime resulting in how many years in prison?
2. The security feature in U.S. money that has been the most difficult to counterfeit.
3. The money an investor receives above and beyond the money initially invested is called
4. What is currency?
5. The tools and strategies used to stabilize the economy
6. Money must have which of these characteristics
7. A commercial bank has two conflicting goals;
8. Our central bank is also known as the
9. Which of the characteristics of money can be defined as "able to be broken down into smaller parts" ?
10. Anything of value
11. Which part of the Fed has 7 members?
12. After the Civil War, the National Banking Acts gave the federal government the power to do all of the following EXCEPT:
13. Monetary Policy is the Federal Reserve Systems attempt to .....
14. In institution that accepts deposits and makes loans is:
15. Another word for money
16. The Masaai measure their wealth in .....
17. Suppose Alex owns a bond with a current return of 6 percent. New bonds issued have a 4 percent return. What has happened to the face value of Alex's bond?
18. What is the price paid for the use of borrowed money.
19. Which part of the Fed is also known as the FOMC?
20. When money prices are used to facilitate comparisons of value, money is said to function as a
21. A PIN (Personal Identification Number) is required to make a purchase.
22. When people hold money, theyare using money to maintain value until theywant to exchange that value for a good or service.A) Measure of ValueB) Store of ValueC) Medium of Exchange
23. The ease with which assets can be converted into cash
24. Fee charged to borrow money
25. Money that is valuable because the government says it is.
26. The amount you pay to use someone else's money. It is also the amount of money you earn when allowing others to use your money.
27. Which of the following is NOT an example of Fiat money?
28. Which of the following refers to the payee's signature on the back of the check?
29. The central bank of the United States that is responsible for regulating the banking industry, interest rates, and the money supply
30. A person who looks at a company's financial statements and trends in the economy to make decisions illustrates what style of investing?
🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books