In 2006, the Nation of Zimbabwe Reduced the Value of Its

question 149

Multiple Choice

In 2006, the nation of Zimbabwe reduced the value of its currency by 60 percent to bring its value more in line with the relative value of most other world currencies.This reduction of value is called:

• A)deregulation
• B)re-evaluation
• C)devaluation
• D)comparative disadvantage
• E)exchange ratio

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Definitions:

Disseminating

The act of spreading information, ideas, or knowledge widely, often to educate or inform a public audience.

Party

A social gathering of invited guests, typically involving eating, drinking, and entertainment.

Study

The act of devoting time and attention to acquiring knowledge on an academic subject, especially through reading or research.

Discussion

An exchange of ideas or opinions on a particular issue, especially in a formal or organized setting, aimed at reaching a consensus or deepening understanding.