CH8 FINANCE 5TH

The value of things is static?

• Yes

• No

When a currency loses its value compared with other countries' currencies it experiences___

• Currency Depreciation

• Money Depreciation

When currencies experience a gain in their value they experience ___

• Currency Depreciation

• Currency Appreciation

If a currency experiences appreciation, it is more ___

• valuable

• cheaper

If it experiences depreciation it will be ____ valuable.

• more

• less

What is one effect of higher food costs?

• Having to pay much more for ingredients or any other item.

• Having to pay less for ingredients or any other item.

Which is one reason of the rise of food prices?

• Because of bad weather.

• Because of bad ideas.

When the food price goes up the profit is ___

• more

• less

Which was one option Francesco had to reduce costs?

• Cutting the size of the pizza by 20%.

• Hiring more staff.

What did Francesco decide to do?

• He decided to reduce the size of the pizza.

• He decided to cut the number of staff.