Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Money And Banking
Test Description: Money and Banking review
Instructions: Answer all questions to get your test result.
1) What is NOT 3 functions of money?
A
Measure of value
B
Store of value
C
Standard of value
D
Medium of exchange
2) Which is NOT a characteristic of money?
A
Divisible
B
Durable
C
Replaceable
D
Uniform
3) Which is NOT an advantage of bartering?
A
uses no money
B
requires many trades
C
can trade for items with more value
D
services can be traded too
4) Fiat money is……….
A
defined as money in excess reserves
B
defined as paper money
C
defined as money by government decree
D
defined as money that is backed by gold
5) What type of money would you classify tea as?
A
Species
B
Commodity
C
Representative
D
Bartering
6) What type of money would you classify a credit card as?
A
Representative
B
Commodity
C
Spieces
D
Bullion
7) Which one is a negative of currency?
A
acceptable
B
divisible
C
cost to make it
D
durable
8) Which characteristic of money would a block of ice not meet?
A
Durable
B
Uniform
C
Portable
D
Divisible
9) Which is a disadvantage of a debit card?
A
can't get into debt
B
can't over spend easily
C
Identity theft
D
keeps you organized
10) Which is an advantage of a credit card?
A
debt
B
credit score
C
Fees
D
interest rates
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?