Q 01/05

The word 'money' comes from the Latin moneta, linked to the temple of which goddess?

A) Venus

B) Minerva

C) Juno

D) Vesta

Answer · why

C) Juno

Rome's mint stood at the temple of Juno Moneta on the Capitoline.

Q 02/05

Which of these is NOT one of the primary functions of money?

A) Medium of exchange

B) Standard of beauty

C) Store of value

D) Unit of account

Answer · why

B) Standard of beauty

A fourth function sometimes listed is standard of deferred payment.

Q 03/05

Accounting records more than 7,000 years old, predating coins, have been found where?

A) China

B) The Indus Valley

C) Egypt

D) Mesopotamia

Answer · why

D) Mesopotamia

Money of account predates coinage by thousands of years.

Q 04/05

Lacking precious metals, 17th-century Sweden produced 'plate money' made of what?

A) Leather squares

B) Wooden tokens

C) Cast iron bars

D) Large slabs of copper

Answer · why

D) Large slabs of copper

Some slabs were 50 cm or more across.

Q 05/05

The 'heads' side of a coin is formally called what?

A) Legend

B) Obverse

C) Exergue

D) Reverse

Answer · why

B) Obverse

The reverse is 'tails'.

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