A Decrease in the Value of a Currency in Terms

question 128

Multiple Choice

A decrease in the value of a currency in terms of other currencies is known as

• A) an appreciation.
• B) a depreciation.
• C) a par value.
• D) a gold point.

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Definitions:

Groundwater

Water that occupies the pore spaces and fractures in soil, sand, and rock, located beneath the Earth’s surface.

Uranium

A heavy radioactive metallic element used as fuel in nuclear reactors and as a component in nuclear weapons.

Natural Gas

Hydrocarbons that exist as gas or vapor at ordinary temperatures and pressures.

Sedimentary Facies

Different sections of a sedimentary environment that exhibit distinct characteristics in terms of composition, appearance, and means of origin.