Eliminación de billetes genera incertidumbre en Venezuela

Eliminación de billetes genera incertidumbre en Venezuela

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the confusion and challenges faced by Venezuelans due to the government's decision to eliminate the 100 bolívares bill, which constitutes a significant portion of the cash in circulation. Citizens struggle with cash shortages, as ATMs dispense the very bills being phased out. The government plans to introduce new denominations to combat inflation and scarcity, but the transition is fraught with difficulties, affecting daily transactions and causing widespread uncertainty.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is causing confusion among Venezuelans regarding the 100 bolívar bills?

The bills are being replaced with coins.

The bills are being accepted everywhere without issue.

ATMs are dispensing the same bills that are supposed to be withdrawn.

The bills are being exchanged for foreign currency.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What problem do Venezuelans face when trying to use public transportation?

Public transportation is not operational.

There are no points of sale for card payments.

Taxis and buses only accept foreign currency.

Public transportation is free.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of cash in circulation did the 100 bolívar bills represent before their elimination?

30%

50%

80%

60%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new denomination was announced to be introduced first by the Central Bank of Venezuela?

10000 bolívar

2000 bolívar

500 bolívar

1000 bolívar

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What broader economic issues are Venezuelans facing alongside the currency changes?

High inflation and scarcity of goods

Low inflation and excess of cash

Stable economy and abundance of goods

Deflation and surplus of goods