CLEAN : Zimbabwe launches a new gold coin

CLEAN : Zimbabwe launches a new gold coin

Assessment

Interactive Video

Business

10th Grade - University

Hard

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The video discusses the significance of reserves and their impact on the economy, particularly in the context of hyperinflation and local currency balances. It introduces the gold coins market, explaining how it can stabilize exchange rates and affect pricing systems. The video also covers how gold coins can be purchased in various currencies, providing an alternative investment option.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the reserves mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative does the text mention for the public regarding local current balances?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial price of a gold coin mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How do gold coins relate to the stabilization of the exchange rate?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What currencies can gold coins be purchased in according to the text?

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