1) Which of the following do the Basic Functions of Money include? a) Medium Of Exchange b) Government Bonds c) Bank Reserves 2) What form of currency is typically regulated by a country's Central Bank? a) Paper Money b) Cryptocurrencies 3) Who issues Bank Notes in the United States of America? a) Congress b) IRS c) Federal Reserve Bank 4) What is the least period a Government Bond can be issued for? a) 3 Months b) 30 Years c) 28 Months 5) What form of payment card provides the cardholder access to their bank account a) Credit Card b) ATM Card c) Gift Card d) Prepaid Card e) Virtual Card 6) Which of these is the correct, complete form for an ATM a) Automated Teller Machine b) Automatic Transponding Machine c) Auto Teller Machine 7) What type of financial card offers a line of credit to its users? a) Debit Card b) Prepaid Card c) Credit Card 8) What is the wire transfer of money from one bank account to another? a) Electronic Funds Transfer b) Automatic Transfer System c) Bank Transfer 9) What are the total monetary assets available in a country’s economy at a specific time? a) Supply Demand b) Cash Flow c) Money Supply 10) To finance the Revolutionary War, the Continental Congress issued the new nation’s first paper currency, known as? a) Continentals b) Paper Money c) First Reserve Bank 11) What was the period from 1836-1865 known as? a) Free Banking Era b) The Golden Era c) The Great Depression 12) Who is the current central bank of the United States? a) The Fed b) The First Reserve Bank c) The Federal Reserve Bank 13) In 1933, what was created to protect deposits against bank failure? a) Federal Deposit Insurance Corporation b) Financial Depository Income Cite c) Fed Demonstration Inflation Act 14) If a nation’s supply of money increases, economic activity will? a) Decrease b) Collapse c) Increase 15) If a nation’s supply of money decreases, economic activity will? a) Increase b) Decrease c) Collapse 16) Who sets Monetary Policy in the U.S? a) Federal Reserve Bank b) Federal Reserve Board c) Central Bank 17) Who controls the money supply in the U.S? a) The Feds b) The Congress c) The Federal Reserve Bank 18) What is Fiscal Policy based on? a) Keynesian Economics b) Keynesian Act c) Article Keynesian 19) What is the rate at which a unit of currency from one country can be exchanged for a unit of currency from another country? a) Exchange Rate b) Current Rate c) Trading Prices 20) Where can currencies typically be exchanged? a) IRS b) Five Star Hotels c) Airports

Unit #2 Game Creation

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