Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An abrupt depreciation of a currency whose value was fixed or managed by the government is referred to as Group of answer choices devaluation. depreciation.
An abrupt depreciation of a currency whose value was fixed or managed by the government is referred to as
Group of answer choices
devaluation.
depreciation.
revaluation.
appreciation.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started