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Question 1 of 6
1. Question
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Select all the true statements.
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Question 2 of 6
2. Question
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In 1933, the US President Franklin D Roosevelt made the private ownership of gold:
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Question 3 of 6
3. Question
The six properties of money:
Match the properties with the sentences:
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- Everyone agrees it has value.
- It will last for a very long time without breaking or degrading,
- There is a limited supply.
- Each coin is identical and interchangeable.
- It can be split into smaller pieces easily.
- It can be sent anywhere in the world easily.
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Accepted by everyone
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Durability
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Scarcity
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Fungibility
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Divisibility
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Transportability
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Question 4 of 6
4. Question
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Today, the dollar is backed by:
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Question 5 of 6
5. Question
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Who took the dollar off the gold standard in 1971?
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Question 6 of 6
6. Question
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As we learnt in the lesson, governments have a license to print money. What percentage of all dollars that the US government has ever printed were printed between 2020 and 2022?