FQC House Smurf

Which is not a common feature for currency?

• Must be easy to carry

• Must be durable

• Must be common in a nation

• Must be considered legal tender

What bank takes care of financial services?

• Commercial

• Savings/Loans

• Credit Union

• All of the choices

The longer the money is invested, the higher the interest paid on the CD.

• True

• False

• Left

• Right

Up to how many weeks does unemployed workers get compensated?

• 23 Days

• 1 Year

• 26 Weeks

• 30 Weeks

What year were major credit cards available?

• 1958

• 1970

• 2014

• 1960

What is discounting?

• Lowering the price of an item

• Deducting Debt

• Deducting Interest

• Deducting Premium

In order to get benefits from unemployment compensation you must?

• Become unemployed

• Get a job

• Register in a state employment office

• Register in a job employment state

Property used to guarantee repayment of a loan.

• Credit Union

• Collateral

• Savings and Loans

• Discount Rate

What was one of the weakness under the Articles of Confederation?

• Lack of Social Security

• No one wants to follow it.

• I don't know

• Lack of a standard currency

What does EFTA stand for?

• Economy Fund Transform Association

• Electronic Foundation Transform Act

• Electronic Fund Transfer Act

• Economy Fund Act