One of the Reasons the Dollar Appreciated Against the British

question 76

Multiple Choice

One of the reasons the dollar appreciated against the British pound during the 1970s and 1980s is that

• A)U.S. productivity growth was greater than British productivity growth.
• B)British productivity growth was greater than U.S. productivity growth.
• C)the British inflation rate was lower than the U.S. inflation rate.
• D)U.S. consumers increased their preference for British goods.

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