CLEAN : New coins to help ease Zimbabwe cash crunch

CLEAN : New coins to help ease Zimbabwe cash crunch

Assessment

Interactive Video

Other

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by consumers in Zimbabwe, where change is often given in the form of sweets or pens due to a lack of coins. To address this, bond coins are being introduced in denominations ranging from 1 cent to 50 cents. These coins are designed to trade at par with the US dollar, providing a solution to the change problem and facilitating smoother transactions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the main issue being discussed regarding the Consumer Council?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding the use of bond coins in Zimbabwe?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What denominations of bond coins are going to be issued?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How will the bond coins relate to the US dollar?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of using bond coins in transactions?

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