Question : When a country's currency appreciates, it means that:

Option 1: Its value decreases relative to other currencies
  

Option 2: Its value increases relative to other currencies
 

Option 3: It remains stable against other currencies

Option 4: It has no impact on other currencies

Question : When a country's currency depreciates, it means that:

Option 1: Its value decreases relative to other currencies.
 

Option 2: Its value increases relative to other currencies.
 

Option 3: Its value remains constant.

Option 4: None of the above.

Question : The currency of one country is said to appreciate when its value ________ in relation to another currency.

Option 1: increases
 

Option 2: decreases
 

Option 3: stabilizes

Option 4: remains constant

Question : As we go from the Equator to the North Pole value of 'g', the acceleration due to gravity

Option 1: remains same

Option 2: decreases

Option 3: increases

Option 4: None of the above

Question : Which of the following is a measure used to assess the value of a country's currency relative to a basket of other currencies?

Option 1: Consumer Price Index (CPI)
 

Option 2: Gross Domestic Product (GDP)
 

Option 3: Real Effective Exchange Rate (REER)

Option 4: Producer Price Index (PPI)