Solved

Which of the Following Statements Is Most Accurate

Question 85

Multiple Choice

Which of the following statements is most accurate?


A) A revaluation restores internal and external balance immediately, without causing domestic inflation.
B) A devaluation restores internal and external balance immediately, without causing domestic inflation.
C) A revaluation restores internal and external balance immediately, but also causes domestic inflation.
D) A devaluation restores internal and external balance immediately, but also causes domestic inflation.
E) A devaluation restores external balance in the long run, without causing immediate domestic inflation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents