Money Grade 5

A system of paying for items is called

• transaction

• bartering

• trading

• sales

The largest value of a bill that is currently printed is

• the $50 bill

• the $100 bill

• The $500 bill

• the $20 bill

Bartering is a very practical way of paying for goods.

• True

• False

Anything that can be traded broadly is

• portable

• divisible

• a medium of exchange

• none of the above

The unit by which the prices of all other items are quoted is called

• a unit of account

• a unit of portability

• a unit of divisibility

• prices

The idea that money will be able to purchase things now and in the future is known as

• divisibility

• store of vaue

• portability

• trust

The concept that money does not wear out easily is known as

• portability

• durability

• divisibility

• accetibility

The concept that money can be carried easily makes it

• divisible

• durable

• portable

• none of the above

The concept that allows people to receive change for their cash transactions is known as

• portability

• durability

• divisibility

• scarcity

The concept that money is consistent throughout the United States makes it

• scarce

• durable

• portable

• uniform