Essay:

1. Where is the U.S. stock of gold and silver bullion stored? What is the value of these assets? Hint: More than one place.
2. Whose signature appears on U.S. currency?
3. What is the largest denomination bill issued today?
4. Is it legal to reproduce a U.S. dollar note?
5. How many commercial banks are there in the United States?

Matchthe portrait that appears on the front of U.S. currency with the denomination of that bill.

_______ 6. Benjamin Franklin

_______ 7. Ulysses S. Grant

_______ 8. Andrew Jackson

_______ 9. George Washington

_______ 10. Abraham Lincoln

_______ 11. Thomas Jefferson

_______ 12. Alexander Hamilton

a. $1

b. $2

c. $5

d. $10

e. $20

f. $50

g. $100

Matchthe name of the currency with the country that issues it.

_______ 13. Dollar

_______ 14. Rupee

_______ 15. Peso

_______ 16. Dinar

_______ 17. Pound

_______ 18. Baht

_______ 19. Rand

_______ 20. Franc

_______ 21. Yen

_______ 22. Krona

Sweden

Japan

South Africa

Iraq

New Zealand

Thailand

Pakistan

United Kingdom

Switzerland

Argentina

Mark each statement either true or false.

_______ 23. A retailer is required by law to accept any U.S. coins in payment for goods.

_______ 24. U.S. dollars are backed by the country's gold and silver assets.

_______ 24. U.S. quarters and dimes have no silver content.

_______ 26. The U.S. government plans to recall all currency and replace it with the newly designed currency.

_______ 27. It costs the U.S. Mint more than 1cent to mint a penny.