2
QuizMultiple Choice

Investing and Financial Markets — Unit test

Question 2 • Personal Finance - EL3403

Which is an example of how a denomination is divisible?

Answer
A
An American dollar may equal one-half of one Euro.
B
An American dollar is equal to four quarters.
C
Three American dollars may buy a small snack.
D
Five American dollars may be worth less next year.

Explanation

A denomination is divisible when it can be broken into smaller units that add up to the same amount. Four quarters are each one-fourth of a dollar, so together they equal one American dollar. This makes “An American dollar is equal to four quarters” the correct example.

AI-written and checked against the verified answer.

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