Question

    When there is an official change in the exchange rate of

    domestic currency, then it is called:
    A Appreciation Correct Answer Incorrect Answer
    B Revaluation Correct Answer Incorrect Answer
    C Depreciation Correct Answer Incorrect Answer
    D Deflation Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    When there is an official change in the exchange rate of domestic currency then it is called. revaluation .

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