Which one of the following statements is the most accurate?
A) Revaluation reflects an outcome of government actions and market forces acting together while appreciation reflects a deliberate government decision.
B) Revaluation reflects a deliberate government decision while appreciation is an outcome of government actions and market forces acting together.
C) Revaluation reflects a deliberate government decision while appreciation is an outcome of government actions.
D) Revaluation and appreciation have the same meaning and the same causes.
E) Appreciation reflects a deliberate government decision while revaluation is an outcome of government actions and market forces acting together.

Question

Quizplus · Accepted Answer

Revaluation refers to a deliberate government decision to adjust the exchange rate of its currency, while appreciation is an outcome of government actions and market forces acting together. The other answer choices provide inaccurate descriptions of these terms.

Which One of the Following Statements Is the Most Accurate