Multiple Choice
An official reduction in the value of home currency in terms of foreign currency is known as:
A) Revaluation
B) Devaluation
C) Depreciation
D) Appreciation
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: When the method of Statics is called
Q7: Wage cut as a solution of unemployment
Q8: Value of money:<br>A)Is inversely related to the
Q9: Which one of the following definition of
Q10: The marginal propensity to save is defined
Q12: Personal Disposable income is:<br>A)Always equal to personal
Q13: The major primary function of money in
Q14: Which of the following is Keynesian saving
Q15: -------------is associated with the theory of multiplier:<br>A)Adam
Q16: The curve showing the possibilities of production