An Increase in the Value of a Domestic Currency in Terms

question 328

Multiple Choice

An increase in the value of a domestic currency in terms of other currencies is known as

• A) a depreciation.
• B) a flexible exchange rate.
• C) an appreciation.
• D) a term not given in the above answers.

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Definitions:

Sten

A standard ten scale used for scoring and interpreting psychological and other types of tests, where scores are often transformed to fit a scale ranging from 1 to 10.

DIQ

An abbreviation often used for Differential Intelligence Quotient, though not commonly recognized in standard intelligence testing terminology.

NCE

Stands for the National Counselor Examination, a comprehensive assessment for those seeking counseling certification.

Norm-Referenced

A type of test that compares an individual's performance to a statistical norm or average performance of a defined group.