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Discussion :: Engineering Economics

  1. The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.

  2. A.

     Currency appreciation

    B.

     Currency depreciation

    C.

     Currency devaluation

    D.

     Currency float

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    Workspace

    Answer : Option C

    Explanation :

    Explanation Not Provided


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