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Question 23

When a currency loses its value due to a government action to fix the quantity of the currency that exchanges for another currency, there is

  • A.devaluation
  • B.depreciation
  • C.inflation
  • D.fiscal deficit
  • E.none of the above
Objective

Question details

Exam body
UI
Subject
Economics
Year
2015/2016
Question no.
#23
Type
Objective
Previous · Q22Under a system of freely floating exchange rates, an increase in the… Next · Q24 Which of the following items in the Balance of Payments Account is an invisible…

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