Money Booklet

Front 1

Money performs three jobs—name two of them?

Back 1

Measure of value, medium of exchange, store of wealth

Front 2

Easy to carry

Back 2

portable

Front 3

long lasting

Back 3

durable

Front 4

Breaks into different units?

Back 4

Divisible

Front 5

Easy to recognize; hard to fake?

Back 5

Distinguishable

Front 6

Everybody wants it?

Back 6

Desirable

Front 7

Not everybody can get it?

Back 7

Scarce

Front 8

Natural mixture of gold and silver?

Back 8

Electrum

Front 9

Place where first coins were made

Back 9

Lydia

Front 10

What image was stamped on the first coins?

Back 10

Lion and bull image.

Front 11

Where was the first paper money(bank note) actually created?

Back 11

china

Front 12

What was the first paper money in North America?

Back 12

french troops in canada paid with playing cards

Front 13

First official money in the U.S. in 1795 was what coin?

Back 13

liberty dollar

Front 14

First plastic non-credit card money was made where?

Back 14

Australia

Front 15

In 1936, what U.S. bullion depository became the main storehouse for gold reserves?

Back 15

Fort knox

Front 16

16. In the Bible Joseph was sold into slavery for how much?

Back 16

20 shekels of silver or 8 ounces of silver

Front 17

17. What modern country calls its currency the shekel

Back 17

Israel

Front 18

18. What type of edge solved the problem of people clipping tiny bits of a coin off the edge?

Back 18

Ridged or milled

Front 19

19. What English word comes from the Latin term salirius-meaning of salt?

Back 19

Salary

Front 20

21. Today’s money is backed only by people’s faith in the government. This is known as

Back 20

Fiat Money

Front 21

22. Since what year did the US begin moving away from the gold standard

Back 21

1933

Front 22

23. What is the longest used currency in history

Back 22

Cowrie shells

Front 23

24. Cowrie shells were first used in what country?

Back 23

China

Front 24

. What is the famous form of money used on the island of Yap in Mocronesia?

Back 24

Stone Disks

Front 25

26. What was the largest sized disk?

Back 25

12 ft

Front 26

27. What form of money was faked or counterfeited in Mexico’s Aztec empire?

Back 26

cacao beans

Front 27

28. “The United States of America 20 USA 20” appears in small print known as?

Back 27

microprinting

Front 28

29. The $20 dollar bill has color-shifting ink. It shifts from copper to?

Back 28

green

Front 29

30. What color does the security thread on the 20 dollar bill glow under ultraviolet light?

Back 29

Green

Front 30

31. On what bill in the booklet did they show that a counterfeiter had glued a raised 10$ number?

Back 30

$!

Front 31

32. US bills are made of 25% linen and 75%?

Back 31

cotton

Front 32

What government agency fights counterfeiting?

Back 32

Secret Serviec

Front 33

34. Name of the government bureau that prints dollar bills?

Back 33

Bureau of Printing and Engraving

Front 34

35. How many Federal Reserve banks are there

Back 34

12

Front 35

36. In what month do bank managers order the most bills from the Federal Reserve?

Back 35

December

Front 36

37. What do the letters ATM stand for?

Back 36

Automated teller Machine

Front 37

38. How many tons of ink does the Bureau of Print and Engraving use everyday?

Back 37

18

Front 38

39. What is the name of a paper form that instructs a bank to pay a specific amount of money to someone?

Back 38

check

Front 39

40. Incidents like the “tulip mania” in Holland are known as

Back 39

Financial Bubbles

Front 40

41. The word money comes from a Roman goddess named?

Back 40

Moneta

Front 41

42. What is Moneta the goddess of?

Back 41

Warning

Front 42

43. Where was the biggest robbery in history?

Back 42

England-2.6 million pounds--$50 Train Robbery

Front 43

44. Stealing someone’s social security number and pretending to be them is?

Back 43

Identity Theft

Front 44

45. Who was the Confederate army officer who was saved by a coin from a bullet, but then died on a submarine

Back 44

Lt. Geo Dixon

Front 45

46. How was a penny used in the underground railroad?

Back 45

Notched to show slave should be helped “Underground Railroad”

Front 46

47. Why did some Canadians think the 1954 $1 bill was evil.

Back 46

. The way the queen’s hair was drawn—demon face.

Front 47

48. Coins minted during the reign of who were prized for Chinese coin swords

Back 47

Kangxi (1662-1722)

Front 48

49. Chinese burn fake money known as?

Back 48

Hell Money

Front 49

50. Why did the Greeks put a coin under the tongue of a corpse?

Back 49

? To pay Charon, the ferryman to take body over the river Styx to Hades

Front 50

51. Do US merchants have to accept under 100 pennies?

Back 50

no. they dont even have to accept pennys

Front 51

52. T/F: Putting a penny on a train track will derail the train

Back 51

false

Front 52

53. How much in credit card debt have Americans racked up?

Back 52

Over 700 billion

Front 53

54. What % of US money deals are transacted electronically

Back 53

90

Front 54

Another name for electronic money

Back 54

e-money

Front 55

55. How do banks make money?

Back 55

By charging higher interest to borrowers than interest paid to depositors.

Front 56

56. How much is a 1955 double-image penny worth today?

Back 56

$15,000

Front 57

How much is a 1986 Michael Jordan trading card worth?

Back 57

$500

Front 58

Was the uniform currency during the civil war called?

Back 58

green backs

Front 59

E Pluribus Unum

Back 59

One Out Of Many

Front 60

First known money

Back 60

600 BC Lydian Electrum coins

Front 61

First Paper Money

Back 61

810 AD - Chinese