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Finance Facts: True or False

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Finance Facts: True or False

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About this activity

Quick true/false on Caribbean financial sector basics.

Created by

Montex
Montex
Canada

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Finance Facts: True or False
 

Finance Facts: True or FalseOnline version

Quick true/false on Caribbean financial sector basics.

by Montex
1

The stock exchange facilitates the trading of shares and guarantees payment to the seller.

2

Money functions include store of value.

3

Narrow money is called M1.

4

The central bank sets the foreign exchange rate directly in all circumstances.

5

A credit union is owned by shareholders who expect dividends like a corporation.

6

Money must be backed by gold to be legal tender.

7

Barter is the direct exchange of goods and services.

8

Municipal bonds are issued by central government.

9

The central bank is the sole issuer of new notes and coins in the economy.

10

A treasury bill is a long-term loan to the government.

 
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