Under a Flexible Exchange Rate System an Increase in the Value

question 130

Multiple Choice

Under a flexible exchange rate system an increase in the value of a currency relative to other currencies is a called a _______ and under a fixed exchange rate system an increase in the official value of a currency is called a ________.

• A) depreciation; devaluation
• B) appreciation; revaluation
• C) revaluation; appreciation
• D) depreciation; appreciation

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Definitions:

Cerebellum

A part of the brain located at the back of the skull, crucial for motor control, coordination, precision, and timing of movements.

Keeping Balance

The physiological and psychological process of maintaining stability and orientation; in physical terms, it relates to how the body positions itself to avoid falling.

Motor Cortex

An area of the cerebral cortex that plays a crucial role in the planning, regulating, and carrying out of voluntary movements.

Degree Of Precise Control

Degree of precise control describes the extent to which an individual or system can regulate or manage operations or processes with accuracy and exactness.