An Appreciation in the U

question 31

Multiple Choice

An appreciation in the U.S. dollar benefits which of the following groups of people?

• A) All people living in the United States.
• B) U.S. producers who export farm equipment to other countries.
• C) U.S. consumers who buy imported automobiles.
• D) Foreigners who wish to travel to the United States.
• E) U.S. consumers who buy only goods made entirely in the United States.

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Definitions:

Promisor

A person or entity who makes a promise or commits to performing a specified action in a contract.

Face Amount

The nominal or dollar value stated on a financial instrument or security, such as a bond.

Maturity Date

The specific date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.

Term

A fixed or limited period for which something, such as an investment, insurance policy, or lease, lasts or is intended to last.