Cameroon GCE o/l June 2018 economics 1

1. A deliberate reduction in the value of a country’s currency in relation to others is called:
A Devaluation
B Depreciation of currency
C Appreciation of currency
D Revaluation
One factor that will cause the demand curve to shift to the right is:
A A fall in population
B Increase in the price of factors of production
C A fall in the price of substitutes
D Successful advertisement

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