If a Currency Has Increased in Value Relative to Another

question 14

Multiple Choice

If a currency has increased in value relative to another currency it is said to have:

• A)depreciated
• B)appreciated.
• C)been devalued.
• D)been realized.

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Definitions:

Hyperreal

Baudrillard’s belief that people’s perceptions, as defined by media, lead to the sense of a simulated reality.

Simulation

The act of imitating the operation of a real-world process or system over time, often used for analysis, training, or entertainment.

Simulated Reality

suggests a hypothetical environment that is artificially created to emulate the real world in a convincing manner, often discussed in the context of technology and philosophy.

Manufacture Consent

The process by which powerful entities, such as the media or government, create a consensus among the public through manipulation, often to serve their own interests.