The Decline in the Value of the Dollar from 1985

question 120

Multiple Choice

The decline in the value of the dollar from 1985 to 1988 was beneficial to

• A)American tourists travelling to Europe.
• B)firms importing goods into America.
• C)American exporting businesses.
• D)foreigners holding U.S.government bonds.

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Definitions:

Rhyolite

A mostly fine-grained, felsic igneous rock, generally of volcanic origin; can contain glass, volcanic ash, pieces of pumice, and variable amounts of visible crystals (phenocrysts).

Thermal Energy

The internal energy present in a system due to the random movements of its molecules or atoms.

Conduction

The process by which heat or electricity is directly transmitted through a substance when there is a difference of temperature or of electrical potential.

Phaneritic Texture

A texture of igneous rocks characterized by large, visible crystals, indicative of slow cooling magma.