Title: QUIZ: What Makes Something Useful as Money? -- Explore Economics
Course: Kelly's Copy & Export Course > Section: What Makes Something Useful as Money? -- Explore Economics Video Series

Q: Why couldn't Tyrone buy a bike, a video game, or a chocolate bar with his shells?
- People wouldn't accept them as payment.
- His shells were in a bag.
- His shells were too small.
- People already had too many shells.
A: People wouldn't accept them as payment.

Q: Throughout history, people have used many things as money, including beads, cows, dried fish, and copper, to buy goods and services.
- True
- False
A: True

Q: An item used for money must only be available in limited amounts. If it's available in large amounts, it would lose value. Which characteristic of money does this describe?
- Scarcity
- Durability
- Portability
- Uniformity
A: Scarcity

Q: Cows are not very _____________________.
- easily divided
- portable
- Both A and B are correct.
- Neither A nor B are correct.
A: Both A and B are correct.

Q: Modern forms of currency are better than salt cubes because they are typically very uniform. What does this mean?
- They are long lasting.
- They can be easily divided.
- They have a standard recognizable shape, size, and value.
- All of these.
A: They have a standard recognizable shape, size, and value.

Q: Copper is a type of metal, and it is usually more long lasting than salt or grain that can be easily ruined if it gets wet. Copper is better to use as a form of money than salt or grain because of its ___________________.
- usability
- durability
- portability
- uniformity
A: durability