international finance

17. According to the terminology associated with changes in currency values, which of the following choices is the case when a currency's value relative to other currencies is changed by a government: Select one: O a. depreciation and appreciation. O b. depreciation and revaluation O c. devaluation and revaluation O d. devaluation and appreciation 18. Which of the following is NOT a required convergence criterion to become a full member of the European Economic and Monetary Union (EMU): Select one: O a. Nominal inflation should be no more than 1.5% above the average inflation rate for the three members with the lowest inflation rates in the previous year. O b. The fiscal deficit should be no more than 3% of GDP. O c. Government debt should be no more than 60% of GDP. O d. National birthrates must be at 2.0 or lower per person