A Nation's Currency Is Said to Depreciate When Exchange Rates

question 76

True/False

A nation's currency is said to depreciate when exchange rates change so that a unit of its currency can buy fewer units of foreign currency.

---

Definitions:

Erosion Pattern

The distinctive way in which natural forces remove soil, rock, or dissolved material from one location on the Earth's surface and then transport it to another, shaping the landscape.

Potholes

Circular holes in the bedrock of a riverbed or a roadway, formed by the abrasion of small stones and sediment whirled around by water.

Swirl

The movement of a fluid in a twisted or spiraling pattern, often occurring in natural systems like air currents and water bodies or in engineered applications.

Sediments

Particles of rock, minerals, or organic matter that have been transported and deposited by wind, water, or ice.