An Increase in a Fixed Exchange Rate from $2

question 76

Multiple Choice

An increase in a fixed exchange rate from $2.00 per pound to $2.10 per pound is called a(n) ________ of the pound.

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

---

Definitions:

Pessimistic Attributional

A tendency to blame negative outcomes on stable, internal factors within oneself, expecting future failures.

Learned Helplessness

Through experience with unavoidable aversive stimuli, an organism learns that it has no control over negative outcomes.

Psychological Factors

Elements of a person's psychological state that influence their behavior and well-being, such as attitudes, emotions, and motivations.

Depressive Disorder

A mood disorder characterized by persistent feelings of sadness, hopelessness, and loss of interest in activities, often accompanied by physical symptoms.