Money & Banking Practice Quiz
Authored by Clark Wehmeier
Social Studies
9th - 12th Grade
Used 5+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
"The Fed" refers to the....
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Fee charged to borrow money
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What does Inflation do to the value of money?
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
In a recession, the Fed would likely
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Coins and paper bills make up the _____ of the United States.
barter
currency
debt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The _____ is the central bank of the United States.
Financial institutions
Federal Reserve System
District Banks
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Anything that's accepted in exchange for goods & services.
Currency
Money
Liquidity
Deferred Payment
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