Unit 3 : The money, Banking, Labour Markets, Trade Union

Money has the following characteristics are ...... (choose more than one as your answer)

• Durability

• Acceptability

• safety of transaction

• portability

the points below are the functions of money, except ....

• Money acts as a medium of exchange

• Not divisibility

• Money is a standard of deferred payment

• vMoney is a measure of value

The key problem with a barter system is :

• Visibility

• Not Visibility

The functions of central banks are (two answers are true)...

• The government's bank

• Credit creation

• providing internet banking facilities

• The bankers' bank

What is The functions of Stock Exchanges?

• Raising share capital for businesses

• Providing money transfer facilities

what the commercial bank is not include to BUMN bank

• 
• 
• 
• 

"allow customers to buy now and pay later, so are widely used as a medium of exchange" means of this definition is ...

• Central Bank

• Stock Exchange

• Transfer service

• Credit Card

An individual's choice of occupation depends on many factors, which can be categorized as .......... and ,,,,,,,,, factors

• wage

• salary

• non-salary

• non-wage

what kind of Methods of payment is this !

Paid hourly or Weekly, so are a variable cost to firms

Ex : Part-time workers in a shop or restaurant (e.g. $7 per hour}

• Bonus

• Salary

• Comission

• Wage

• Fringe benefits

what kind of Methods of payment is this !

A percentage of the value of products or services sold

Ex : Real estate agents earning 1% of the value of each property that they sell

• wage

• Salary

• Bonus

• Comission

• Fringe Benefits