NAME: ________________________

Question Types


Start With


Question Limit

of 15 available terms

Advertisement Upgrade to remove ads

5 Written Questions

5 Multiple Choice Questions

  1. organization for managing money, in our economy
  2. Anything accepted as a standard form of payment
  3. an amount set aside by a bank for preferred customers that is available on demand. For example, a bank can issue a customer a $15,000 line of credit that can be used at any time for any purpose
  4. a deed to give the lender the property if the loan is not paid back
  5. a situation where money is transferred from one bank account to another to move money around

5 True/False Questions

  1. Interesta rate the bank pays you for keeping your money there

          

  2. Commercial Loana loan made to an individual to pay for personal items like a car, home repairs, or a vacation

          

  3. Federal Reserve Systemgoods and services are indirectly exchanged for money, which then can be exchanged for other goods and services

          

  4. safety-deposit boxthe money put into the bank

          

  5. Individual Loana loan made to businesses to buy supplies and equipment

          

Create Set