Turkish Lira: History and Devaluation Quiz

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Turkish Lira: History and Devaluation: a General level Economics quiz. Test your knowledge with 14 questions!
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Questions

Question 1
What is the official currency of Turkey?
A Lira
B Riyal
C Euro
D Dinar
Question 2
What is devaluation?
A Taxing exports
B Increasing currency value
C Printing more coins
D Decreasing currency value
Question 3
What does high inflation usually do to purchasing power?
A Has no effect
B Stabilizes it
C Increases it
D Decreases it
Question 4
Which institution manages Turkish monetary policy?
A The Stock Exchange
B Central Bank of Turkey
C The World Bank
D Ministry of Justice
Question 5
What happens when a currency devalues?
A Imports become cheaper
B Tourism stops
C Exports decrease
D Imports become more expensive

๐Ÿ“‹ This quiz has 14 questions in total.

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