Question

Money and currency are related because?
a.they are interchangeable terms
b.currency is a form of money
c.money is a form of currency
d. money refers only to debts
Which statement shows that money is a "store of value?"
a.I exchanged my dollar for ten dimes.
b.You can only use currency at that store.
c. I just used the ten dollars given to me last year.
d. I carried the money to the store.
Anything called money will be?
a.large and heavy
b. easy to create
c. scarce
d. backed by gold

Answer 1

1. B
2.?
3. D

Answer 2

2 - C

Answer 3

Just took the test, 3 is C, scarce.