Devaluation of a Domestic Currency

question 137

Multiple Choice

Devaluation of a domestic currency

• A)is also called revaluation
• B)refers to an increase in a floating exchange rate
• C)refers to a decrease in a floating exchange rate
• D)refers to an increase in a fixed exchange rate
• E)refers to a decrease in a fixed exchange rate

---

Definitions:

Telephone Cable

A wire or fiber that is used for telecommunications by transmitting voice and data signals.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a specific product and considered a part of its cost.

Bandages

Strips of cloth or other material used to wrap or cover wounds, providing protection and support.

Receiving Report

A document that records the details of materials or goods received by a company, ensuring the quantities and descriptions match the order.