CLEAN : Venezuela launches larger bills but keeps quiet on inflation

CLEAN : Venezuela launches larger bills but keeps quiet on inflation

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

The video discusses the introduction of six new banknotes ranging from 500 to 20,000 units. These new notes aim to facilitate commercial transactions requiring cash. The rollout begins on the 15th, with a phased incorporation of different denominations. The new notes will coexist with existing ones, gradually replacing them as they become more prevalent.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many new currency notes are being introduced?

Seven

Six

Five

Four

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the highest denomination of the new currency notes?

25,000

20,000

15,000

10,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When will the new currency notes start arriving in the country?

On the 15th

On the 10th

On the 25th

On the 20th

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which batch of notes will be introduced first?

5,000

10,000

20,000

Customer-specific

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will happen to the current currency notes as the new ones are introduced?

They will be destroyed

They will be immediately discontinued

They will coexist with the new notes

They will be exchanged for new notes

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