CLEAN : Nigerias central bank halts dollar sales to bureaux de change

CLEAN : Nigerias central bank halts dollar sales to bureaux de change

Assessment

Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

Created by

Quizizz Content

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The transcript discusses the economic challenges faced by Nigeria, focusing on hunger and foreign exchange issues. It outlines the goal of achieving economic growth and stability by addressing these challenges. The markets are currently perplexed due to uncertainty, and the need for actions that reduce this uncertainty and moderate risk is emphasized.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ultimate goal mentioned in relation to Nigeria's currency?

To increase foreign debt

To achieve a stable currency that promotes growth

To decrease local investments

To isolate the Nigerian economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the market react to the currency fluctuations?

With complete confidence

By stabilizing immediately

With perplexity and uncertainty

By increasing investments

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is needed to encourage people to invest in Nigeria?

More government control

Higher interest rates

Increased taxes

Measures that reduce uncertainty

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the relationship between risk and investment according to the video?

Risk has no impact on investment

Investment is only affected by foreign policies

Moderating risk can attract more investment

Higher risk always leads to higher investment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of uncertainty on the economy as discussed?

It creates hesitation among investors

It boosts economic growth

It has no significant impact

It encourages foreign investments