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Gunveen Gunveen
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5 years ago
A decrease in a fixed exchange rate from $1.75 per pound to $1.60 per pound is called a(n) ________ of the pound.
A) devaluation
B) depreciation
C) appreciation
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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Answer verified by a subject expert
gadryden2gadryden2
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Posts: 157
5 years ago
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Gunveen Author
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5 years ago
this is exactly what I needed
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Correct Slight Smile TY
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2 hours ago
Thank you, thank you, thank you!
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