Which of the Following Steps Does Not Belong to the Sequence

question 71

Multiple Choice

Which of the following steps does not belong to the sequence of events reflecting the finance of a large government budget deficit?

• A)The U.S.Treasury sells securities.
• B)The sale of securities drives up interest rates.
• C)Attracted by the high interest rates,foreigners purchase dollars in order to invest in the U.S.
• D)Greater demand for the dollar increases its value relative to other currencies.
• E)The rising value of the dollar leads to increased U.S.exports and reduced U.S.imports.

---

Definitions:

Liquor Consumption

The act of drinking alcoholic beverages in various forms, often analyzed for its social, economic, and health effects on society.

Political Bosses

Influential leaders who control work, benefits, and political appointments within a party's organizational structure, often using their power for personal gain.

American Bar Association

A professional organization of lawyers established to set academic standards for law schools and to formulate ethical codes within the legal profession.

National Consumers League

An American organization founded in 1899 that advocates for consumer rights, fair labor practices, and public health.