The Strong Appreciation of the Dollar for the Last Part

question 41

Multiple Choice

The strong appreciation of the dollar for the last part of the 1990s:

• A) was a benefit to all U.S. residents but costly to most foreign producers.
• B) was a benefit to U.S. exporters, but put a severe strain on U.S. Importers.
• C) was welcomed by all U.S. manufacturers.
• D) played a key role in keeping inflation in check even though the economy was growing rapidly.

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Definitions:

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