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 increase the value of its currency, while appreciation is a natural increase in the value of the currency due to market forces. Therefore, option B is the most accurate statement that reflects the difference between the two terms.

Which One of the Following Statements Is the MOST Accurate