Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
Give this quiz to my class
Q 1/15
Score 0
In the beginning of the story, what did the people of Pine Gulch use for money?
30
Slim’s original receipts
Gold and gold dust
U.S. government currency
Slim’s new receipts printed on wild green paper with wild pink ink
Q 2/15
Score 0
Why was this considered to be money?
30
Because it was durable
Because it was portable
Because it was generally accepted as payment for goods and services.
Because it was easily divisible
15 questions
Q.
In the beginning of the story, what did the people of Pine Gulch use for money?
1
30 sec
Q.
Why was this considered to be money?
2
30 sec
Q.
Who did they get to guard the gold dust?
3
30 sec
Q.
Which of the following did you learn about accounting in this story?
4
30 sec
Q.
What did Slim do to make it easier for the people to make transactions and not have to wake him up in the middle of the night?
5
30 sec
Q.
After Slim rode to San Francisco and bought all the wild green paper and all the wild pink ink, printed new receipts, and traded them with the townspeople for their old receipts, what did they use for money in Pine Gulch?
6
30 sec
Q.
What did Gus ask Slim when he gave him a “free” glass of Sarsaparilla?
7
30 sec
Q.
Did Slim have the money to loan to Gus?
8
30 sec
Q.
How could Slim make Gus a loan if neither of them had enough gold dust?
9
30 sec
Q.
What happened to Slim's Bank when Bart shot him and the town lost "faith" in him?
10
30 sec
Q.
When Slim started making loans, what happened to the money supply in Pine Gulch?
11
30 sec
Q.
When Slim started making loans, what happened to the economic activity (i.e. GDP) in Pine Gulch?
12
30 sec
Q.
Money can be defined as
13
30 sec
Q.
When banks make loans, the money supply ____________.
14
30 sec
Q.
When those loans are repaid, the money supply ___________________.
