ING Económica

Froggy Jumps

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ingles ok

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Camilo Herrera

Colombia

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ING Económica


Froggy Jumps ING EconómicaOnline version ingles ok by Camilo Herrera 1 What is the definition of salary? a A donation received monthly b A payment received for providing a service or doing a job c A government bonus for education 2 What is a transaction? a A type of tax b A government decision c An exchange of goods, services, or money 3 Where does the word 'salary' come from? a From the Roman practice of paying soldiers with salt b From a Greek word meaning money c From the French word for silver 4 What is credit? a A free gift from the government b A type of tax deduction c A loan that must be repaid with interest 5 What is one of the roles of the Central Bank? a To organize national elections b To manage the country’s money supply c To train financial advisors 6 What can happen if there is too much money in the economy? a Inflation increases as prices rise b Citizens receive more wages automatically c Unemployment drops to zero 7 What is a result of currency devaluation? a Imported products become more expensive b Domestic tourism decreases c Food prices fall immediately 8 What causes appreciation of a currency? a A drop in exports b trong demand for the local currency c Government changing inflation reports 9 What is the main role of the financial system? a A) To store gold in banks b To move capital from savers to investor c To store gold in banks 10 What is a key feature of credit cooperatives? a They are run by the government b hey offer free services c They are owned by their members 11 What type of company provides protection against risks like accidents or illness? a Supermarket b Credit bureau c nsurance company 12 What is one factor that affects credit conditions? a Color of the applicant’s car b Credit history and risk leve c Number of mobile phones owned 13 Which tool calculates how much a future amount is worth today? a ) Present Value formula b Currency converter c Sales tax formula 14 What does a positive Net Present Value (NPV) mean in a project? a The project is not recommended b The project adds value and is profitable c he company will reduce its size 15 What is one risk of using the JIT method? a A way to overproduce and store items b Hiring more workers during holidays c Producing only what is needed, when it is needed 16 What is one risk of using the JIT method? a Too many products in stock b Higher electricity bills c Delays in delivery can stop production 17 What is one advantage of the 'Just in Case' (JIC) strategy? a Lower storage costs b Always having products available during high demand c No need for suppliers 18 What is inflation? a A decrease in prices b An increase in prices over time c The number of products sold 19 What is the purpose of the Central Bank? a To build schools b To sell products c To control the money in the economy 20 What is a transaction? a An exchange of goods or money b A type of bank account c A business meeting 21 What does CPI (Consumer Price Index) measure? a The number of products in a store b Changes in prices of common goods c People’s monthly salary 22 What is a credit card? a A savings account b A card to buy now and pay later c A debit card for online use 23 What are inventories? a Workers in a factory b Machines used in offices c Stored goods for sale or production 24 What is EOQ (Economic Order Quantity) used for? a To increase product prices b To find the best quantity to order c To control employee salaries 25 What is the main function of insurance? a Protect from risk b Avoid taxes c Increase earnings

ING Económica

Froggy Jumps

About this activity

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Froggy Jumps

ING EconómicaOnline version

by Camilo Herrera

What is the definition of salary?

What is a transaction?

Where does the word 'salary' come from?

What is credit?

What is one of the roles of the Central Bank?

What can happen if there is too much money in the economy?

What is a result of currency devaluation?

What causes appreciation of a currency?

What is the main role of the financial system?

What is a key feature of credit cooperatives?

What type of company provides protection against risks like accidents or illness?

What is one factor that affects credit conditions?

Which tool calculates how much a future amount is worth today?

What does a positive Net Present Value (NPV) mean in a project?

What is one risk of using the JIT method?

What is one risk of using the JIT method?

What is one advantage of the 'Just in Case' (JIC) strategy?

What is inflation?

What is the purpose of the Central Bank?

What is a transaction?

What does CPI (Consumer Price Index) measure?

What is a credit card?

What are inventories?

What is EOQ (Economic Order Quantity) used for?

What is the main function of insurance?