If the Government Wants to Decrease the Value of Its

question 138

True/False

If the government wants to decrease the value of its currency in foreign exchange markets, it can sell its domestic currency in the foreign exchange market.

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Definitions:

Improvidence

Lack of foresight or care in managing finances, often leading to unnecessary expenditure or loss.

Capacity

The legal ability of a party to enter into a contract.

Severely Intoxicated

A state of being under the influence of alcohol or drugs to a significant degree, impacting cognitive and physical abilities.

Capacity

In law, the ability of an individual to enter into a contract, evidenced by their being of sound mind and of legal age, or by a business to enter into agreements.