A decrease in the value of a country's currency is known as ________
A) a spot exchange rate
B) a depreciation of its value
C) an appreciation of its value
D) a forward spotting
B
Economics
You might also like to view...
The absolute value of the slope of the budget constraint is equal to
A) the quantity of the good on the vertical axis divided by the quantity of the good on the horizontal axis. B) the price of good on the horizontal axis divided by the price of the good on the vertical axis. C) the marginal rate of substitution between the two goods in question. D) the price of good on the vertical axis divided by the price of the good on the horizontal axis.
Economics
What is marginal cost pricing? Why is marginal cost pricing important?
What will be an ideal response?
Economics