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5 Written Questions

5 Matching Questions

  1. Counterfeiting
  2. Hallmark
  3. Double Digit Inflation
  4. Velocity
  5. Law of supply and demand
  1. a The speed at which money changes hands.
  2. b To make something that is fake or phonylly overvalued money.
  3. c When the supply of something goes up, the price per unit of that thing goes down
  4. d Prices increases rising at 10 to 99 percent per year due to inflation
  5. e The mint-mark of a coin which tells who made the coin

5 Multiple Choice Questions

  1. Bad money drives good money out of circulation. People hoard good money and trade with legally overvalued money.
  2. Reducing the value of a coin by reducing the amount of precious metal in it.
  3. A wafer or disk of precious metal
  4. The beginning of a depression that never went all the way.
  5. A law which provides for the punishment of anyone who refuses to accept the legal tender money

5 True/False Questions

  1. Welfare ProgramA government program for giving away money or goods, usually to poor people

          

  2. Business CycleA non-precious metal like copper or nickel

          

  3. ReedingThe notches on the edge of a coin

          

  4. Runaway InflationWhen prices rise rapidly, every few hours.

          

  5. DepressionThe beginning of a depression that never went all the way.

          

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