An increase in the value of a currency may be caused by:
A) An increase in supply of the currency
B) An decrease in demand of the currency
C) An increase in demand of the currency
D) The government selling its currency

Question

Quizplus · Accepted Answer

An increase in demand for a currency typically leads to an increase in its value, as more people or entities want to hold or use that currency, driving up its price relative to other currencies.

An Increase in the Value of a Currency May Be