G9 T3 CHECKPOINT 1 PRACTICE EXAM
Authored by Saba Darr
Arts
12th Grade
Used 5+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is money used for?
Medium of exchange
To make friends
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is NOT the role of money?
Medium of exchange
To make friends
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is wealth?
When a person has a small amount of money
When a person has a large amount of money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit of money?
Buy things we need to survive
To lose wealth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a NOT a benefit of money?
Buy things we need to survive
To lose wealth
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AED/INR = 19.35
Ahmed has 5000 AED to exchange, how many Indian Ruppees will he receive in the exchange?
300 AED
96,750 AED
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shamma owns a dress shop. She buys her fabric from China. If the exchange rate INCREASES, what happens to the price of the fabric?
The price of the fabric increases
The price of the fabric decreases
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