Which of the Following Will Cause a Nation's Currency to Depreciate

question 27

Multiple Choice

Which of the following will cause a nation's currency to depreciate?

• A)Economic downturns,especially in times of depression
• B)An increase in its price level (inflation)
• C)An increase in the interest rate
• D)Positive economic growth

---

Definitions:

Defined Contribution Pension Plan

A retirement savings plan where an employer, employee, or both make contributions on a regular basis, with future benefits fluctuating based on investment performance.

Pension Expense

The cost incurred by an employer in a given period to fund or fulfill its commitment for employee pensions.

Pension Expense

The total cost to a company for the retirement benefits earned by employees in a given period.

Deferred Compensation

A portion of an employee's income that is deferred to a later date, typically to take advantage of lower tax rates or to fund retirement plans.