Money Quiz 25 (4 MCQs)

Quiz Instructions

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1. In which market can you buy and sell raw, unprocessed goods like gold, oil, and corn?

Correct Answer: B) Commodity Market.

2. Medium of exchange, store of value, and measure of value are all .....

Correct Answer: C) Functions of money.

3. The Board of Governors, the governing body of the Federal Reserve System, is set up to consist of how many members?

Correct Answer: B) 7.

4. Each of the following RBA actions will contract the money supply except .....

Correct Answer: C) Buy bonds.