An Abrupt Depreciation of a Currency Whose Value Was Fixed

question 77

Multiple Choice

An abrupt depreciation of a currency whose value was fixed or managed by the government is referred to as

• A)Devaluation.
• B)Revaluation.
• C)Appreciation.
• D)Depreciation.

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Definitions:

Anger

A strong feeling of annoyance, displeasure, or hostility.

Short-term Illnesses

Medical conditions that last for a limited period of time, usually requiring brief treatment and recovery.

Long-term Ailments

Chronic conditions or diseases that persist for a long time, often requiring ongoing management through medication, therapy, or lifestyle adjustments.

Susceptibility

The likelihood or tendency to be affected by something, typically in a negative way, such as disease, harm, or influence.