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Grade 9 English Trade “What Is Money?”
Test Description: This game aims to practice the target language of “What is Money?”
Instructions: Answer all questions to get your test result.
1) Money is the medium that we use to_____.
A
meet our needs
B
pay the salaries of employees
C
buy goods and services
D
all the choices
2) Money doesn’t lose value in time so it can be used ______.
A
to carry out transaction
B
to save wealth
C
to exchange goods
D
as unit of measurement
3) Before money, people used to do their transactions by ______.
A
bartering
B
cheques
C
credit cards
D
bit coins
4) Precious metals such as gold and silver started to be used _____
A
in industry
B
in trade
C
in technology
D
in agriculture
5) Bank notes are printed by ___________
A
savings banks
B
central banks
C
industrial banks
D
Companies
6) Depressions result in _________.
A
unemployment
B
all choices
C
low wages and income
D
poverty
7) Inflation exists when there is ___________
A
a currency devaluation
B
fall in the purchasing value of money
C
All choices
D
increase in prices
8) The first copper and bronze coins were made in ____________
A
Egypt
B
India
C
China
D
Greece
9) The central bank in each country regulates ____________.
A
the value of foreign currencies
B
the prices of the goods
C
how much money can be printed
D
the salaries of the employees
10) If a country produces too much money, ____________ .
A
the people will become rich
B
the value of the currency will decrease
C
the salaries of the employees will increase
D
the value of the currency will increase
*select an answer for all questions
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