ECON 4.1 Money Day 2 F25

Open Ended

What is the graph showing and what does it mean?

Reorder

Order the currencies from most to least valuable, starting with which you think is most valuable

• 1 Euro (€)

• 1000 CLP

• 2 BRL

• 2000 PYG

• 5 ARS

1

2

3

4

5

• 1
• 2
• 3
• 4
• 5

Multiple Choice

Currently, $1 equals ___ euros.

• 0.86
• 1.16

• 1

Multiple Choice

What is an exchange rate?

• The rate at which goods are exchanged between two countries

• The price of one nation's currency in terms of another currency

• The price of goods in terms of a foreign currency

• When a nation's balance of trade is in either a surplus or deficit

Multiple Choice

Based on the exchange rates provided at the beginning, which currency is the weakest compared to the U.S. dollar?

• Euro (EUR)

• Argentine Peso (ARS)

• Brazilian Real (BRL)

• Chilean Peso (CLP)

Multiple Choice

Which of the following best describes the relationship between supply and demand and the value of a currency?

• More demand and/or less supply leads to currency weakening

• Less demand and/or more supply leads to currency strengthening

• More demand and/or less supply leads to currency strengthening

• Less demand and/or more supply has no effect on currency value

Multiple Select

Select all the groups that benefit from a weak dollar.

• American exporters

• American importers

• Foreign tourists visiting the U.S.

• American travelers going abroad

Multiple Choice

Which of the following is a consequence of a weak dollar for American travelers?

• Traveling abroad becomes more expensive

• Traveling abroad becomes cheaper

• Imported goods become cheaper

• Exports become more expensive

Multiple Choice

A strong dollar is ___ for importers of foreign goods.

• good
• bad

• neutral

• macho

Open Ended

What is one of the learning targets for today? Do you feel like you understand?

Open Ended

Is there anything you are still unsure about?