Economy, asked by panditjino42, 4 months ago

5. Identify which of the following statements is true (Choose the correct alternative)
(a) Exchange rate of a currency is same as paper value of that currency
(b) Exchange rate is the price of a currency expressed in terms of gold
(c) Managed floating is also known as dirty floating
(d) Revaluation leads to a rise in supply of foreign currency.

Answers

Answered by AryanAkshat72
2

Explanation:

True

True

False

True

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