The Functions and Characteristics of Money

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

How many functions of money are there?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 75,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime.
Already registered? Log in here for access

1. If we put $25 in our piggy bank, and two weeks later, we still have $25 dollars, what function has money fulfilled?

2. When money stays the same shape, it is what?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Questions on this quiz and worksheet focus on topics such as functions of money and its many characteristics.

Quiz & Worksheet Goals

To elaborate on the above, you'll be questioned on:

  • The number of money's functions
  • Applications of money's functions
  • Examples of the characteristics of money

Skills Practiced

  • Critical thinking - apply relevant concepts to examine information about ways we use money in a different way
  • Knowledge application - use your knowledge to answer questions about money's characteristics
  • Reading comprehension - ensure that you draw the most important information from the related lesson on the role of money

Additional Learning

By reading our lesson, The Functions and Characteristics of Money, you can further your understanding of this information. This lesson will delve deeper into topics such as:

  • The three functions that money serves
  • Money's importance
  • Ways money is characterized
Support