Select the right answers.

1- Does money have an underlying value,

-No, todays money are fiat currencies

-Yes, since you can pay with them

2-When you are paying with your credit card, are you using central bank money or bank money?

-Central bank money

-Bank money

3- What type of payment instrument is payment cards?

-Direct debit

-Direct credit

4-What country invented our current form of money?

-USA

-England

-Sweden

-Italy

5-Which of the following payment instruments are bank money, Select all that apply

-Bitcoin

-Debit card

-Credit card

-Wiretransfer

-Cash

6-Which of the following payment instruments involves account transfer? Select all that apply

-Debit card

-Cash

-e-money

-Bitcoin

-Sight deposits

7-Which of the following contemporary payment methods is not using bank money?

-M-Pesa

-Apple Pay

-MobileIPay