The reduction in the value of a country's currency of other nations is known as...
ECONOMICS
WAEC 1999
The reduction in the value of a country's currency of other nations is known as
- A. deflation
- B. devaluation
- C. inflation
- D. revaluation
Correct Answer: B. devaluation
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *