quiz MOB 32/10 18F

What is referred to as currency?

• A type of commodity

• A universally accepted medium of exchange

• A form of barter

• A type of investment

What is the primary function of currency?

• To act as a physical asset

• To serve as a store of value

• To facilitate trade

• To represent ownership

Which of the following is NOT a characteristic of currency?

• Scarcity

• Immutability

• Divisibility

• Stability

What does the term 'barter' refer to?

• A financial market

• A type of investment

• A form of currency

• Exchange of goods and services

What is one of the key roles of currency in an economy?

• To increase inflation

• To facilitate transactions

• To limit trade

• To create debt

What is meant by the 'medium of exchange' function of currency?

• It is used to store wealth

• It is used to facilitate trade

• It is used to measure value

• It is used to create savings

Which of the following describes the 'store of value' function?

• It is a form of investment

• It is used for immediate transactions

• It maintains its value over time

• It allows for easy transfer of ownership

តើមុខងាររូបិយវត្ថុមានចំណុចអ្វីខ្លះ?

• ម៉ែត្រវាស់ុំ,មធ្យោបាយទូទាត់

• មធ្យោបាយសម្ចាយ័,

  មធ្យោបាយដោះដូរ

• ម៉ែត្រវាស់តម្លៃ,មធ្យោបាយទូទាត់

  មធ្យោបាយសម្ចាយ័,

What does 'liquidity' refer to in the context of currency?

• The ability to be easily converted to cash

• The stability of currency value

• The level of inflation

• The amount of currency in circulation

Which of the following is a function of currency in pricing?

• To create scarcity

• To limit trade

• To standardize value

• To increase production