VOICED : Argentina reconoce alta inflacion

VOICED : Argentina reconoce alta inflacion

Assessment

Interactive Video

Business, Social Studies, Economics

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

In January 2022, Argentina experienced a 3.7% inflation rate, the highest since 2002. This was reported using a new price index developed with the IMF's guidance. The inflation rate was close to private estimates of 4.61%. The peso's 18% devaluation against the dollar in January contributed to the inflation spike. The Central Bank allowed the peso to float freely due to declining foreign reserves, impacting Argentina's debt financing and market participation.

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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 why is it significant?

4.0%, the highest since 2005

3.7%, the highest since 2002

2.5%, the highest since 2000

5.0%, the highest since 1999

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is notable about Argentina's official inflation statistics compared to private estimates?

They are significantly higher than private estimates

They are close to private estimates for the first time

They are significantly lower than private estimates

They are identical to private estimates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did the Argentine peso devalue against the dollar in January?

18%

10%

5%

25%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the Central Bank take regarding the Argentine peso?

Pegged the peso to the euro

Fixed the exchange rate

Allowed the peso to float freely

Increased interest rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact of declining foreign reserves on Argentina?

Strengthened currency

Challenges in debt financing

Improved trade balance

Increased foreign investment