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Money Quiz 33 (20 MCQs)

Quiz Instructions

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1. Money whose value is based on the type of material from which it is made is called
2. The making, buying and selling of goods and services
3. Poorly performing financial markets can be the cause of
4. The risk of ending up with the equivalent of a never-ending loan is one of the disadvantages of using
5. When the money supply increases, nominal interest rate will
6. Money by government decree; has no alternative value or use as a commodity
7. The coins and paper bills used as money in a society
8. Specific coins and paper bills used as money is known as:
9. 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.
10. An essential function for banks is creating money by
11. Only one woman has ever appeared on a dollar bill. Who was it?
12. When investors use algorithms to make stock purchases and hold them for a short amount of time
13. You pick up a $ 5 bill. What are you holding?
14. A specific loan for real estate
15. Which of the following was never used as currency?
16. What characteristic of money helps it keep its value and deters inflation?
17. When there is not enough of a certain item, it is called
18. Money helps us buy things quickly. What role is this?
19. Which of the four characteristics of money can be defined as "able to be broke down" ?
20. Who appoints the chairman of the Federal Reserve?
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