Fundamental Principles of Money

Fundamental Principles of Money

8th Grade

26 Qs

quiz-placeholder

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Fundamental Principles of Money

Fundamental Principles of Money

Assessment

Quiz

Business

8th Grade

Medium

Used 57+ times

FREE Resource

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of government bond issued with shorter maturities than T-bonds.

Electronic Funds Transfer

Treasury Bills (T-Bills)

Treasury Notes (T-Notes)

Treasury Bonds (T-Bonds)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Standard mass of gold defines the value of a currency unit.

Credit Card

Continentals

Gold Standard

Debit Card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Government bonds issued with terms of four, 13, 26 or 52 weeks.

Treasury Bills (T-Bills)

Treasury Bonds (T-Bonds)

Treasury Notes (T-Notes)

Electronic Funds Transfer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Desired holding of financial assets in the form of money--cash and bank deposit.

Credit Card

Money supply

Debit Card

Money Demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payment card issued by a bank to cardholders as a method of payment.

Gold Standard

Money Demand

Credit Card

Debit Card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Slip of paper which allows the user to make a payment from his or her bank account to a business or individual.

Gold Standard

Credit Card

Debit Card

Personal Check

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Form of legal tender which can be used to exchange goods, debt or services.

Treasury Bonds (T-Bonds)

Cash

Coin

Debit Card

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