Grade 9 English Trade “What Is Money?” Question Preview (ID: 51329)


This Game Aims To Practice The Target Language Of “What Is Money?”. TEACHERS: click here for quick copy question ID numbers.

Money is the medium that we use to_____.
a) meet our needs
b) buy goods and services
c) pay the salaries of employees
d) all the choices

Money doesn’t lose value in time so it can be used ______.
a) as unit of measurement
b) to exchange goods
c) to carry out transaction
d) to save wealth

Before money, people used to do their transactions by ______.
a) cheques
b) bartering
c) credit cards
d) bit coins

Precious metals such as gold and silver started to be used _____
a) in trade
b) in technology
c) in industry
d) in agriculture

Bank notes are printed by ___________
a) Companies
b) savings banks
c) industrial banks
d) central banks

Depressions result in _________.
a) unemployment
b) poverty
c) low wages and income
d) all choices

Inflation exists when there is ___________
a) increase in prices
b) fall in the purchasing value of money
c) a currency devaluation
d) All choices

The first copper and bronze coins were made in ____________
a) Egypt
b) India
c) Greece
d) China

The central bank in each country regulates ____________.
a) the prices of the goods
b) the value of foreign currencies
c) the salaries of the employees
d) how much money can be printed

If a country produces too much money, ____________ .
a) the value of the currency will increase
b) the people will become rich
c) the value of the currency will decrease
d) the salaries of the employees will increase

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