Author Question: A decrease in the value of a currency in terms of other currencies is known as A) an ... (Read 48 times)

lracut11 · **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.