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PERSONAL FINANCE LESSON 1-2

Franz Brian
12
0
Idinagdag na problema (20/ 20)
Payagan ang maling sagot
Ipakita ang sagot
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problema 1

maikling sagot

What is the management of money, particularly in relation to companies, organizations, or governments?

  • Finance

problema 2

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What is the social science concerned with the proper allocation and efficient use of scarce resources to satisfy human wants?

  • Economics

problema 3

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What are the goals of the economy?

  • Full Employment, Economic Growth, Price Stability, Balance of Payments and Exchange Rate Stability, Efficiency, Equal Distribution Wealth and Income

problema 4

maikling sagot

Is any commodity or token that is generally acceptable as a means of payment.

  • Money

problema 5

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What are the functions of money?

  • Medium of exchange, Unit of account, Store of value

problema 6

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What are the two kinds of money?

  • Commodity Money, Fiat Money

problema 7

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What is the process of manufacturing metals into certain shapes to maintain the uniformity in all the coins of the same kind?

  • Coinage of Money

problema 8

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What are the features of a good money?

  • Generally Acceptable, Divisible, Uniform, Malleable, Cognizable, Portable, Durable

problema 9

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How can you detect a counterfeit bill?

  • Pay Attention to the Color and Serial Number, Check the Texture, Look for Raised Text and Images, Try Damaging the Bill, Check for the Watermark, Check Security Thread, Mind the Hologram, Look at the

problema 10

maikling sagot

What is the root of all evil, according to George Bernard Shaw?

  • Lack of money

problema 11

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According to ____________ lack of money is the root of all evil

  • George Bernard Shaw

problema 12

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What is a medium of exchange and standard value?

  • Money

problema 13

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What is the source of corruption and sorrow?

  • Money

problema 14

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What is the source of happiness?

  • Money

problema 15

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What can money buy?

  • Companions, pleasures, or sex

problema 16

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What can money not buy?

  • Friends, happiness, or love

problema 17

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It gives power, prestige & privilege. It can also make us rich & famous. It is also a source of happiness.

  • Importance of Money

problema 18

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The total amount of money in circulation in an economy.

  • supply of money

problema 19

maikling sagot

What are the goals of the economy?

  • Full Employment, Economic Growth, Price Stability, Balance of Payments and Exchange Rate Stability, Efficiency, Equal Distribution Wealth and Income

problema 20

maikling sagot

What are the features of a good money?

  • Generally Acceptable, Divisible, Uniform, Malleable, Cognizable, Portable, Durable

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