A Quick Sweden Economy Quiz!
Sweden is known for its serene beauty, ports, seasides, and the most important, Northern Lights. But some things are beyond the natural beauty of this Scandinavian country, things that run it from the inside, economy. This quiz has some basic questions about the financial state of this country; let 's see if you can get them right or wrong.
Questions and Answers
- 1.
Cash is becoming ................................ in Sweden.
- A.
Popular
- B.
Unpopular
- C.
More and more unpopular
- D.
More and more popular
Correct Answer
C. More and more unpopularExplanation
In Sweden, cash is gradually losing popularity.Rate this question:
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- 2.
Economic experts say that the Scandinavian country could become the first cashless society within the next twenty years.
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
Economic experts say that the Scandinavian country could become the first cashless society within the next decade. (A decade is a period of ten years)Rate this question:
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- 3.
Some go even further and claim that banknotes and coins may .............................. altogether.
Correct Answer
disappearExplanation
The statement suggests that there are individuals who argue that banknotes and coins might completely vanish. This could imply that these individuals believe in the increasing prevalence of digital payment methods and the decline of physical currency. The word "disappear" reinforces the idea of a complete disappearance rather than a gradual decline.Rate this question:
- 4.
The Swedish krona has been the nation's ............................. since 1873.
Correct Answer
currencyExplanation
The given correct answer for this question is "currency". This is because the sentence states that the Swedish krona has been the nation's something since 1873, and the only logical completion for this sentence is "currency". The word "currency" refers to the system of money used in a particular country, which fits perfectly in the context of the sentence.Rate this question:
- 5.
However, in the past few years less money ........................ in circulation.
- A.
Is
- B.
Has been
- C.
Was
- D.
Had been
Correct Answer
B. Has beenExplanation
In the past few years, there has been a decrease in the amount of money in circulation. This implies that the amount of money available for use by the public has been reduced over time.Rate this question:
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- 6.
Swish is a mobile app that has been developed by Swedish and Danish banks, which also promote a cashless system.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
The statement is true because it states that Swish is a mobile app developed by Swedish and Danish banks, and these banks also promote a cashless system. This implies that Swish is indeed a mobile app created by these banks and is part of their efforts to encourage a cashless society.Rate this question:
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- 7.
In everyday life about 80% of all payments are made with credit or bank cards , mobile phones or ....... internet banking.
Correct Answer
viaExplanation
The word "via" is used to indicate the method or channel through which something is done. In the context of the sentence, it suggests that payments are made using credit or bank cards, mobile phones, or internet banking as the means of transaction. "Via" implies that these methods are the channels or mediums through which the payments are processed.Rate this question:
- 8.
Especially older people find it hard to get used to ............................. without money.
- A.
Having lived
- B.
Have lived
- C.
Live
- D.
Living
Correct Answer
D. LivingExplanation
Especially older people find it hard to get used to living without money. This sentence suggests that older individuals struggle to adapt to a lifestyle where they do not have any money. The word "living" is the correct answer because it is the present participle form of the verb "live," which accurately describes the ongoing action of existing without money.Rate this question:
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- 9.
Many of them are without ................................. to a computer or don't know how to use one.
Correct Answer
accessExplanation
The sentence states that "Many of them are without access to a computer or don't know how to use one." This suggests that the missing word in the sentence is related to having the ability to use or connect to a computer. The word "access" fits this context perfectly, as it refers to the ability to obtain or use something, in this case, a computer.Rate this question:
- 10.
Economic experts say that the Scandinavian country could become the first cashless society within the next twenty years.
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
Economic experts say that the Scandinavian country could become the first cashless society within the next decade. (A decade is a period of ten years)Rate this question:
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Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 21, 2023Quiz Edited by
ProProfs Editorial Team -
May 05, 2017Quiz Created by
Sagnes
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