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SOL 12ef Mastery Quiz

Quiz by Sarah Stewart

Civics and Economics
History and Social Science
Virginia Standards of Learning

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5 questions
Show answers
  • Q1
    Private financial institutions help facilitate an exchange of money between ____ and ____.
    businesses and individuals
    corporations and partnerships
    goods and services
    savers and borrowers
    30s
    CE.12.e
  • Q2
    People accept coins and currency issued by the United States government in exchange for goods and services because they -
    have confidence in the government.
    have no other type of money.
    can no longer barter.
    refuse to use personal checks.
    30s
    CE.13.f
  • Q3
    What are the types of money used in the United States
    Coins, currency, internet banking
    Coins, currency, and deposits
    Currency, deposits, and credit cards
    Internet banking, debit cards, currency
    30s
    CE.13.f
  • Q4
    Money acts as a…
    medium of exchange
    debt
    service
    30s
    CE.13.f
  • Q5
    Banks provide which of the following EXCEPT
    government subsidies
    loans
    debit cards
    check writing services
    30s
    CE.12.e

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