Glossary Terms
Quiz
•
Business
•
9th Grade
•
Practice Problem
•
Easy
Holly Marsland-Kelsey
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15 questions
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1.
OPEN ENDED QUESTION
30 sec • 1 pt
Often recived for providing goods and services to other and a way of making payments, usually by notes or coins or EFT
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Money
2.
OPEN ENDED QUESTION
3 mins • 1 pt
The use of goods or services as a means of exchange.
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bartering
3.
OPEN ENDED QUESTION
3 mins • 1 pt
a method of payment for good or service
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medium of exchange
4.
OPEN ENDED QUESTION
3 mins • 1 pt
a numerical unit of measurement if market value of goods and services
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Unit of account
5.
OPEN ENDED QUESTION
3 mins • 1 pt
Money is reliably stored saved and retrieved
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store of value
6.
OPEN ENDED QUESTION
3 mins • 1 pt
the notes and coins accepted in a particular country.
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Currency
7.
OPEN ENDED QUESTION
3 mins • 1 pt
Money received in the form of wages from working, dividends from shares owned, or rent received from property owned.
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OFF
Answer explanation
Income
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