[Answered] A decrease in the value of a currency in terms of other currencies is known as A) an ...

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lracut11

Hero Member
Posts: 536

on: Jun 29, 2018

A decrease in the value of a currency in terms of other currencies is known as

A) an appreciation.
B) a depreciation.
C) a par value.
D) a gold point.

Question 2

When money is accepted as payment in a market transaction, it is functioning as a

A) store of value.
B) unit of accounting.
C) medium of exchange.
D) unit of investment.

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carolinefletcherr

Sr. Member
Posts: 313

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

C

lracut11

Member
Posts: 536

Reply 2 on: Jun 29, 2018

Gracias!

rachel

Member
Posts: 323

Reply 3 on: Yesterday

Great answer, keep it coming

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