Suppose That Policy Makers Decide to Revalue the Currency, Such

Multiple Choice

Suppose that policy makers decide to revalue the currency, such an action generally represents:

A) a decision to let the currency float.
B) an increase in the domestic price level.
C) a decrease in the pegged value of the foreign currency.
D) an increase in the pegged value of the domestic currency.
E) a decrease in the foreign price level.