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PERSONAL FINANCE LESSON 1-2

PERSONAL FINANCE LESSON 1-2

Franz Brian
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Freestyle

PERSONAL FINANCE LESSON 1-2

Franz Brian

13

20 na tanong

Payagan ang maling sagot

Ipakita ang sagot

Pampublikong quiz

# 1Maikling sagot
What is the management of money, particularly in relation to companies, organizations, or governments?
Finance
# 2Maikling sagot
What is the social science concerned with the proper allocation and efficient use of scarce resources to satisfy human wants?
Economics
# 3Maikling 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
# 4Maikling sagot
Is any commodity or token that is generally acceptable as a means of payment.
Money
# 5Maikling sagot
What are the functions of money?
Medium of exchange, Unit of account, Store of value
# 6Maikling sagot
What are the two kinds of money?
Commodity Money, Fiat Money
# 7Maikling sagot
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
# 8Maikling sagot
What are the features of a good money?
Generally Acceptable, Divisible, Uniform, Malleable, Cognizable, Portable, Durable
# 9Maikling sagot
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
# 10Maikling sagot
What is the root of all evil, according to George Bernard Shaw?
Lack of money
# 11Maikling sagot
According to ____________ lack of money is the root of all evil
George Bernard Shaw
# 12Maikling sagot
What is a medium of exchange and standard value?
Money
# 13Maikling sagot
What is the source of corruption and sorrow?
Money
# 14Maikling sagot
What is the source of happiness?
Money
# 15Maikling sagot
What can money buy?
Companions, pleasures, or sex
# 16Maikling sagot
What can money not buy?
Friends, happiness, or love
# 17Maikling sagot
It gives power, prestige & privilege. It can also make us rich & famous. It is also a source of happiness.
Importance of Money
# 18Maikling sagot
The total amount of money in circulation in an economy.
supply of money
# 19Maikling 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
# 20Maikling sagot
What are the features of a good money?
Generally Acceptable, Divisible, Uniform, Malleable, Cognizable, Portable, Durable
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