The first grade teacher gives students stickers when they perform well. if they earn five stickers in one day they are exempt from homework. the stickers in this example could also be called

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Grade: Education Subject: social-studies
The first grade teacher gives students stickers when they perform well. if they earn five stickers in one day they are exempt from homework. the stickers in this example could also be called
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The correct answer is token.

Tokens are used in the so called "Token Economy", wherein tokens are earned through specific tasks. While the holder of the tokens may use these tokens in exchange for rewards, just like in the given situation wherein the children who performs well in class receives stickers, which are considered to be tokens and if they received 5 of them, they will be exempted from homework.