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Questions and Answers
What is a 'tenner' in the United Kingdom?
What is a 'tenner' in the United Kingdom?
- A ten pound coin
- A ten pound sum
- A ten pound banknote (correct)
- A ten pound salary
Which type of currency includes the US dollar, the Yen, and the Euro?
Which type of currency includes the US dollar, the Yen, and the Euro?
- Dollars
- Currency (correct)
- Euros
- Yen
What are hundred dollar bills and twenty pound notes classified as?
What are hundred dollar bills and twenty pound notes classified as?
- Wages
- Salary
- Banknotes (correct)
- Coins
What is the term for a large amount of money, such as 2,000,000 Swiss francs?
What is the term for a large amount of money, such as 2,000,000 Swiss francs?
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What does 'wages' refer to in the context of employment?
What does 'wages' refer to in the context of employment?
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Study Notes
Currencies and Money
- In the United Kingdom, a 'tenner' refers to a £10 note.
- The US dollar, the Yen, and the Euro are examples of fiat currencies.
- Hundred dollar bills and twenty pound notes are classified as banknotes.
- A large amount of money, such as 2,000,000 Swiss francs, is referred to as a fortune.
- In the context of employment, 'wages' refers to the money earned by an employee from their job.
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