What a currency is
Name:
Date:
Class:
A
Quick Questions
Shade in the A or B circle for each question.
1. Which is an example of a currency?
2. What is a currency mainly used for?
3. Which sentence describes money as a way to pay for things?
4. Which sentence describes money as a way to store value?
5. Which is the currency of Japan?
B
Match the Pairs
Draw a line connecting each item on the left to its match on the right.
| Left column | Right column | |
|---|---|---|
| 1currency | AA currency is used to store value as well as to pay for things. It can be kept and spent later. | |
| 2currency = "pound" | BThe money a country or group uses to buy, sell and store value, such as the dollar or the pound | |
| 3A currency is used to store value, so you can save it now and spend it later | Cbook_price = 8 # dollars paid for the book | |
| 4Goods are exchanged for money in a country's currency, such as a book for dollars | DThe pound is an example of a currency that a country uses to pay for things | |
| 5currency = "bread" # a country's currency | Esavings = 50 # kept in dollars to spend later | |
| 6currency = "only used to pay, never to save" | FBread is a good that is bought, not a currency. A currency is money such as the dollar or the pound. |
C
Definitions
currency
D
Fill in the Blanks
Complete each line of code by filling in the missing parts.
1.
________ ← "dollar"
2.
savings ← savings _ 10
3.
IF country = "UK" ____
currency ← "pound"
ENDIF
4.
wallet ← wallet _ price
5.
price ← 2
total ← price _ 4
E
Spot the Error
Shade in the letter of the line that contains an error.
Question 1
A
country ← "UK"
B
currency ← "London"
C
OUTPUT country
D
OUTPUT currency
Question 2
A
savings ← 100
B
savings ← savings - 20 // save
C
OUTPUT "Saved value:", savings
Question 3
A
item ← "pen"
B
price ← 2
C
cash ← 10
D
cash ← cash + price
E
OUTPUT cash
Question 4
A
IF country ← "UK" THEN
B
currency ← "pound"
C
ELSE
D
currency ← "dollar"
E
ENDIF
Question 5
A
price ← 4
B
money ← 10
C
IF money <= price THEN
D
OUTPUT "Buy the item"
E
ENDIF
Answer Key
What a currency is
Section A: Quick Questions
Q1
A — The pound used in the UK
Q2
B — To buy, sell and store value
Q3
B — You hand over money and get a snack in return
Q4
A — You save $20 now and spend it next month
Q5
A — The yen
Section B: Match the Pairs
Q1
currency → The money a country or group uses to buy, sell and store value, such as the dollar or the pound
Q2
currency = "pound" → The pound is an example of a currency that a country uses to pay for things
Q3
A currency is used to store value, so you can save it now and spend it later → savings = 50 # kept in dollars to spend later
Q4
Goods are exchanged for money in a country's currency, such as a book for dollars → book_price = 8 # dollars paid for the book
Q5
currency = "bread" # a country's currency → Bread is a good that is bought, not a currency. A currency is money such as the dollar or the pound.
Q6
currency = "only used to pay, never to save" → A currency is used to store value as well as to pay for things. It can be kept and spent later.
Section C: Definitions
Q1
currency — The money a country or group uses to buy, sell and store value, such as the dollar or the pound.Section D: Fill in the Blanks
Q1
currency ← "dollar"Q2
savings ← savings + 10Q3
IF country = "UK" THEN
currency ← "pound"
ENDIFQ4
wallet ← wallet - priceQ5
price ← 2
total ← price * 4Section E: Spot the Error
Q1
B — London is a city, not a currency. The UK's currency is the pound, so line 2 should be currency ← "pound".
Q2
B — Money is a store of value. Saving 20 more should add to the savings, so it should be savings + 20, not minus.
Q3
D — When a customer buys goods they hand money over, so their cash goes down. It should be cash - price.
Q4
A — IF needs a comparison, not an assignment. To check the country, use = : IF country = "UK" THEN.
Q5
C — You can only buy the item if you have at least the price. The test should be money >= price, not <=.