Understanding Currency and Budgeting

If the exchange rate is 1 Canadian Dollar (CAD) = 0.75 US Dollars (USD), how much is 100 USD in CAD?

• 75 CAD

• 133.33 CAD

• 150 CAD

• 100 CAD

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ONTARIO.MATH.7.F1.1

Which of the following is a reliable source of information for planning a financial goal?

• A friend's opinion

• A financial advisor

• A random blog post

• A social media influencer

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ONTARIO.MATH.7.F1.2

• $50

• $100

• $150

• $200

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ONTARIO.MATH.7.F1.3

Which of the following is a societal factor that might influence financial decision making?

• Personal preference

• Cultural norms

• Individual skills

• Personal hobbies

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ONTARIO.MATH.7.F1.4

If 1 Euro (EUR) is equal to 1.5 Canadian Dollars (CAD), how much is 200 CAD in EUR?

• 100 EUR

• 133.33 EUR

• 150 EUR

• 200 EUR

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ONTARIO.MATH.7.F1.1

Which of the following is NOT a reliable source of information for financial planning?

• Government websites

• Financial news channels

• Unverified online forums

• Certified financial planners

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ONTARIO.MATH.7.F1.2

• 10 weeks

• 12 weeks

• 15 weeks

• 20 weeks

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ONTARIO.MATH.7.F1.3

How might personal values influence financial decision making?

• They have no influence

• They determine the currency used

• They guide spending priorities

• They set exchange rates

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ONTARIO.MATH.7.F1.4

If the exchange rate is 1 British Pound (GBP) = 1.7 Canadian Dollars (CAD), how much is 50 GBP in CAD?

• 85 CAD

• 100 CAD

• 85 GBP

• 100 GBP

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ONTARIO.MATH.7.F1.1

Which of the following is a personal factor that might influence financial decision making?

• Economic policies

• Inflation rates

• Personal income

• Exchange rates

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ONTARIO.MATH.7.F1.4