Suppose, the price of one UK Pound (£) has increased from ¥ 70 to T 80, owing to market forces.

Class 12th Economic, Question paper 2023 - Suppose, the price of one UK Pound (£) has increased from ¥ 70 to T 80, owing to market forces.

By
Rohit Sharma
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There are the Options for the Question: Suppose, the price of one UK Pound (£) has increased from ¥ 70 to T 80, owing to market forces.

(a) appreciated (b) depreciated
(c) revalued (d) devalued

 

The correct answer is – (a) appreciated

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