Question

Determine if the statements about the Panamanian currency are true or false.



(4 points)
True False
The U.S. dollar is also a legal currency in Panamá.


The U.S. Dollar has hurt the economy of Panamá and brought poverty to the country.


Panamá has refused to use the U.S. Dollar.


The Balboa is Panamá's official currency.


Question 4
4. Where in your home would you set the table for dinner? (1 point)

Answer 1

Let's evaluate the statements about the Panamanian currency:

1. **The U.S. dollar is also a legal currency in Panamá.**
**True** - The U.S. dollar is widely accepted and used alongside the Panamanian balboa as legal tender.

2. **The U.S. Dollar has hurt the economy of Panamá and brought poverty to the country.**
**False** - Generally, the use of the U.S. dollar has been seen to stabilize the economy of Panamá, although there may be differing opinions on its overall impact.

3. **Panamá has refused to use the U.S. Dollar.**
**False** - Panamá has embraced the U.S. dollar and uses it as a significant part of its currency system.

4. **The Balboa is Panamá's official currency.**
**True** - While the U.S. dollar is also legal tender, the balboa is considered the official currency of Panamá, with coins issued in its name.

Now, regarding where to set the table for dinner in your home: Typically, you would set the table in the dining room.