Which of the Following Is Not a Reason for Devaluation

question 113

Multiple Choice

Which of the following is not a reason for devaluation of a currency?

• A) high inflation
• B) to reduce a balance-of-trade deficit
• C) to decrease the amount of imports
• D) high unemployment

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Definitions:

Green-card Recipients

Individuals who have been granted authorization to live and work in the United States on a permanent basis.

Marginal Benefit

The additional benefit or satisfaction experienced when consuming another unit of a good or service.

Marginal Cost

The increase in cost that arises from producing one additional unit of a good or service.

Optimal Level

The state or condition where the best possible outcome is achieved, given the current set of circumstances or resources.