Score High in JAMB With EduPadi CBT App

Practice JAMB CBT, get instant results, and understand solutions in-depth with smart AI insights.

Learn more…

Question on: WAEC Economics - 1991

Devaluation means
A
a reduction in the value of the National currency
B
a reduction in the purchasing power of the foreign currency
C
a reduction in the value of the domestic currency relative to foreign currencies
D
an increase in the value of the national currency
Ask EduPadi AI for a detailed answer
Correct Option: C

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses