1) What is NOT one form of currency a) Coins b) Paper Money c) Banknotes d) Checks 2) What are coins made out of? a) Paper b) Metal c) Recycled materials d) Plastic 3) Which president is on the penny a) George Washington b) Abraham Lincoln c) President Grant 4) What is on the back of the 1 dollar bill? a) Pyramid b) Eagle c) building 5) What are goverment bonds a) Debt b) Cash c) Taxes 6) What was established in 1775 a) Continentals b) Central Bank c) Second Bank 7) What happened in 1913 a) Federal Reserve Bank b) Gold Standard Act c) National Bank Act 8) What is money made out of? a) paper b) cotton c) plastic 9) What is the difference between a debit and a credit card? a) Debit card pays through your bank account while credit pays for you then you pay it back with interest b) Debit card pays through a debt account while credit pays through your bank c) None/other 10) What is the US trying to get rid of? a) Checks b) 50 cent coin c) pennys 11) What's the largest form of money made? a) $100,000 b) $50,000 c) $10,000 12) Is there a dollar coin a) Yes b) No 13) Do they still make $2 bills a) Yes b) No 14) Can gold be used as a currency anymore? a) yes b) no 15) How much does it cost to make a penny a) .5c b) .10c c) .1c 16) Are penny's still made of copper? a) no b) yes c) Yes and no 17) money can be used to intermediate the exchange of goods and ______ a) services b) losses c) words 18) money provides a common base of _____ a) price b) debt c) other 19) Whos on the 5 dollar bill a) lincoln b) washington c) john adams 20) whos on the 2 dollar bill a) jefferson b) john adams c) washington

Currency

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