VOICED : Argentina reconoce alta inflacion

VOICED : Argentina reconoce alta inflacion

Assessment

Interactive Video

Business, Social Studies, Economics

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

In January 2022, Argentina experienced a 3.7% inflation rate, the highest monthly increase since 2002. This figure aligns closely with private estimates of 4.61%. The inflation surge is attributed to the peso's 18% devaluation against the dollar, following the Central Bank's decision to let the currency float due to dwindling foreign reserves. This move was necessary as Argentina faced challenges in accessing global capital markets.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inflation rate in Argentina for January, and how does it compare to historical data?

3.7%, the highest since 2002

4.0%, the highest since 2005

3.5%, the highest since 2000

4.5%, the highest since 2003

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization assisted in developing the new price index used to calculate Argentina's inflation?

World Bank

International Monetary Fund

United Nations

World Trade Organization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the official inflation rate compare to private estimates?

It is exactly the same

It is significantly lower

It is significantly higher

It is very close

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage devaluation of the Argentine peso against the dollar in January?

18%

15%

20%

10%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason behind the Central Bank's decision to let the Argentine peso float freely?

High inflation rates

Political pressure

Dwindling foreign reserves

Increase in foreign investments