FBB0035 Inflation in Zimbabwe Group 7

What are mentioned geographical or scenic interest in Zimbabwe?

• Victoria Falls

• Lake Kariba

• Grand Canyon

• Bondi Beach

What is the function of the Dutch foreign exchange auction system?

• Decrease exchange rate

• Increase image of zimbabwe

• As a contractionary fiscal policy

• Foster exchange rate

What kind of policy is the increase of taxation?

• Direct control

• Contractionary fiscal

• Contractionary monetary

What is the most spoken language in Zimbabwe?

• Shona

• English

• Tonga

• Portuguese

What was the highest inflation rate in Zimbabwe?

• 761.02%

• 837.53%

• 855.24%

How many stages of inflation rate data analysis mentioned in the presentation?

• 3

• 4

• 5

What type of economy system did Zimbabwe switch to during severe hyperinflation?

• Domestic Economy System

• Barter Economy System

• Command Economy System

• Traditional Economy System

According to Bloomberg, what are the inflationary factors that causes inflation to happen in Zimbabwe in 2021?

• Rise in global commodity prices

• Lack of government incentives

• Planned increase in power tariffs

• Hike in coffee price

As reported by Bloomberg, what is the effect of the weakening of the local currency of Zimbabwe against the U.S. dollar on the black market?

• Zimbabwe dollar became more popular

• More people use Zimbabwe dollar

• Zimbabwe dollar rise in value

• Price hike happened

How does increasing the interest rate can help Zimbabwe's inflation?

• Encourage consumers to spend less

• Encourage consumers to spend more

• Encourage government to spend more

• Encourage government to spend less