In 2005,China Increased the Price of Its Currency While Continuing

question 55

Multiple Choice

In 2005,China increased the price of its currency while continuing to pursue a fixed exchange rate.This change in policy is called

• A)an appreciation.
• B)a depreciation.
• C)a peg.
• D)a devaluation.
• E) a revaluation.

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Definitions:

Prototype

A concept of a category of objects or events that serves as a good example of the category.

Analogy

A comparison between two things, typically for the purpose of explanation or clarification.

Social-Cognitive Perspective

A theoretical perspective emphasizing the role of cognitive processes in understanding social behavior, which includes attitudes, attribution, and social learning.

Model

An organism that engages in a response that is then imitated by another organism.