Economics · Macroeconomics
Match the economic concepts in Column A with their respective descriptions in Column B: Column A a. Devaluation b. Depreciation c. Deflation d. Exchange control Column B 1. Decline in the market rate of exchange 2. Contraction of home currency 3. Foreign exchange rationing 4. Official reduction in the external value of the currency
- 1a-4, b-3, c-2, d-1
- 2a-2, b-1, c-4, d-3
- 3a-2, b-3, c-4, d-1
- 4a-4, b-1, c-2, d-3✓
Correct answer
a-4, b-1, c-2, d-3
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