When a country's currency becomes LESS valuable relative to the currency of another country,the country's currency is said to have
A) deflated.
B) depleted.
C) deactivated.
D) depreciated.
E) debilitated.

Question

Quizplus · Accepted Answer

When a country's currency becomes less valuable relative to the currency of another country, it has depreciated. This means that it takes more units of the local currency to buy the same amount of the foreign currency.

When a Country's Currency Becomes LESS Valuable Relative to the Currency