Lower US Interest Rates Cause the Value of the Dollar to to

question 145

Multiple Choice

Lower U.S. interest rates cause the value of the dollar to

• A) rise, making U.S. goods relatively cheaper on world markets.
• B) rise, making U.S. goods relatively more expensive on world markets.
• C) fall, making U.S. goods relatively cheaper on world markets.
• D) fall, making U.S. goods relatively more expensive on world markets.

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Definitions:

Distribution

The way in which values in a dataset are spread or dispersed across the range of data points.

Kurtosis

The quality of a distribution that defines how flat or peaked it is.

Positively Skewed

A description of a distribution that has a tail extending to the right, indicating a concentration of values on the lower end.

Tail

The far end of a distribution curve, representing the extreme values in a set of data, either on the higher or lower end.