menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 1
  4. Exam
    Exam 28: Exchange Rates and the Open Economy
  5. Question
    A Decrease in the Value of a Currency Relative to Other
Solved

A Decrease in the Value of a Currency Relative to Other

Question 40

Question 40

Multiple Choice

A decrease in the value of a currency relative to other currencies is called a(n) :


A) revaluation.
B) devaluation.
C) appreciation.
D) depreciation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: A country will have a balance-of-payments surplus

Q36: Holding all else constant, an increase in

Q37: The PPP theory is most useful in

Q38: Based on this figure, if an exchange

Q39: Because many European nations have adopted the

Q41: Suppose the government of South Island has

Q42: If the nominal exchange rate were to

Q43: Suppose the government of South Island fixes

Q44: Holding all else constant, an increase in

Q45: As the dollar exchange rate, e, decreases,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines