A Quick Sweden Economy Quiz!

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| By Sagnes
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Sagnes
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Quizzes Created: 2 | Total Attempts: 511
| Attempts: 206
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  • 1/11 Questions

    Swish is a mobile app that has been developed by Swedish and Danish banks, which also promote a cashless system.

    • True
    • False
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About This 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.

A Quick Sweden Economy Quiz! - Quiz

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  • 2. 

    The Swedish krona has been the nation's ............................. since 1873.

    Explanation
    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.

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  • 3. 

    Economic experts say that the Scandinavian country could become the first cashless society within the next twenty years.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    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)

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  • 4. 

    Some go even further and claim that banknotes and coins may .............................. altogether.

    Correct Answer
    disappear
    Explanation
    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.

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  • 5. 

    However, in the past few years less money ........................ in circulation.

    • Is

    • Has been

    • Was

    • Had been

    Correct Answer
    A. Has been
    Explanation
    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.

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  • 6. 

    Cash is becoming ................................ in Sweden.

    • Popular

    • Unpopular

    • More and more unpopular

    • More and more popular

    Correct Answer
    A. More and more unpopular
    Explanation
    In Sweden, cash is gradually losing popularity.

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  • 7. 

    Especially older people find it hard to get used to ............................. without money.

    • Having lived

    • Have lived

    • Live

    • Living

    Correct Answer
    A. Living
    Explanation
    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.

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  • 8. 

    Many of them are without ................................. to a computer or don't know how to use one.

    Correct Answer
    access
    Explanation
    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.

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  • 9. 

    Economic experts say that the Scandinavian country could become the first cashless society within the next twenty years.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    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)

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  • 10. 

    In everyday life about 80% of all payments are made with credit or bank cards , mobile phones or .......  internet banking.

    Correct Answer
    via
    Explanation
    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.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • May 05, 2017
    Quiz Created by
    Sagnes
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