Economics 9708 · AS & A Level · 6.4

6.4 — practice question

The diagram illustrates the value of the Nigerian naira against the US dollar from June 2015 to June 2016. What term is used to describe the change in the value of the naira in June 2016?

Aappreciation
Bdepreciation
Cdevaluation
Drevaluation

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

Full mark scheme, point by point
Step-by-step worked solution
Write your answer & get it marked instantly by AI