Asap Which of the following most likely results in devaluationof tenge?a. Inflow of portfolio investments from Russia toKazakhstanO b. Decrease in oil consumption in China, majorimporter of oil produced in KazakhstanIncrease in world oil prices (oil is a major exportitem for Kazakhstan)d. Positive changes in perception of theinvestment climate in Kazakhstane. Decrease in the supply of tenge in the foreignexchange market

The term "devaluation" describes a decrease in the currency's worth. The currency devalued when the…

Which of the following most likely results in devaluation of tenge? a. Inflow of portfolio investments from Russia to Kazakhstan O b. Decrease in oil consumption in China, major importer of oil produced in Kazakhstan C. Oc. Increase in world oil prices (oil is a major export item for Kazakhstan) d. Positive changes in perception of the investment climate in Kazakhstan e. Decrease in the supply of tenge in the foreign exchange market

Which of the following most likely results in devaluation of tenge? a. Inflow of portfolio investments from Russia to Kazakhstan O b. Decrease in oil consumption in China, major importer of oil produced in Kazakhstan C. Oc. Increase in world oil prices (oil is a major export item for Kazakhstan) d. Positive changes in perception of the investment climate in Kazakhstan e. Decrease in the supply of tenge in the foreign exchange market

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter31: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 4PA

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