Q
The appreciation in the value of the dollar in the early 1980s is explained by all of the following except ?
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A
A. The united states being considered a safe haven by foreign investors
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B
B. Relatively high real interest rates in the united states
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C
C. Confidence of foreign investors in the u.s economy
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D
D. Relatively high inflation rates in the united states
Correct Answer:
D. D. Relatively high inflation rates in the united states
