Search Header Logo
VOICED: Russian middle class hit by weak ruble

VOICED: Russian middle class hit by weak ruble

Assessment

Interactive Video

Business

10th Grade - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the financial struggles faced by individuals due to the collapse of the Russian ruble, which has led to increased loan repayments and a higher cost of living. Consumer prices have risen significantly, affecting shopping habits and forcing the middle class to cut back on spending. Pawnbrokers have seen a change in clientele as entrepreneurs seek quick cash. The ruble is expected to continue its decline, with analysts predicting further devaluation.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the individual's financial difficulties in the first section?

His salary was reduced.

He has a gambling problem.

He lost his job.

The ruble's collapse increased his loan repayments.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the devaluation of the ruble affected consumer prices?

Prices have remained stable.

Prices have decreased.

Prices have fluctuated randomly.

Prices have increased due to imported goods.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change in shopping behavior is observed among the middle class?

They are not changing their shopping habits.

They are shopping online more frequently.

They are shopping at discount stores.

They are buying more luxury items.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend is observed among pawnbrokers in the final section?

They are reducing their interest rates.

They are expanding their business overseas.

They are seeing more entrepreneurs as clients.

They are closing down.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the forecast for the ruble's value according to analysts?

It will become stronger than the dollar.

It may lose another 20% of its value.

It will increase by 20%.

It will stabilize soon.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?