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Converting currency terms

Quiz by Ashley Sanelli

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7 questions
Show answers
  • Q1
    What does the exchange rate tell you?
    The opposite of currency depreciation
    The fair deal of trading toys
    How much your money can get in another country
    How many candies your game card is worth
    The price tag of toys
    30s
  • Q2
    What is currency depreciation?
    The price tag of toys
    A fair deal of trading toys
    When your game card (money) can buy fewer treats
    How much your money can get in another country
    When your game card (money) can buy more goodies
    30s
  • Q3
    What does the par selling rate indicate?
    When your game card (money) can buy more goodies
    The price tag of toys
    When your game card (money) can buy fewer treats
    Everything costs the same in both places
    How much your money can get in another country
    30s
  • Q4
    What is currency appreciation?
    When your game card (money) can buy fewer treats
    How much your money can get in another country
    When your money can buy more goodies
    When your game card (money) can buy the same amount of goodies
    The price tag of toys
    30s
  • Q5
    What happens during currency depreciation?
    Your game card (money) can buy more goodies
    Your game card (money) can buy fewer treats
    Everything costs the same in both places
    Your game card (money) can buy the same amount of treats
    The price tag of toys decreases
    30s
  • Q6
    What is the purpose of converting currency?
    To determine the value of one currency in relation to another
    To determine the value of goods in a country
    To buy more toys
    To make international trade fair
    To reduce currency depreciation
    30s
  • Q7
    What does it mean when a currency appreciates?
    Your money can buy the same amount of goodies
    Everything costs the same in both places
    Your money can buy more goodies
    The price tag of toys increases
    Your money can buy fewer treats
    30s

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