Which of the Following Helps Explain the Rise of the Dollar

question 16

Multiple Choice

Which of the following helps explain the rise of the dollar against most major currencies in the late 1990s,even though the United States was still running a significant balance-of-payments deficit?

• A)Increased government intervention in the foreign exchange market
• B)Increased foreign investments in U.S.financial assets
• C)Low real interest rates in the U.S.compared to the rest of the world
• D)The fall of the Soviet Union and the communist bloc

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Definitions:

Ideal Culture

The values, norms, and behaviors that a society or group considers to be desirable, good, and important.

Cultural Diffusion

The spread of cultural beliefs, social activities, and norms from one society to another through direct or indirect contact and exchange.

Popular Culture

Cultural products and forms that are widespread and commonly embraced within a society, including music, fashion, television, and trends.

Counterculture

A subculture with values and norms that significantly differ from those of the mainstream society, often expressing resistance to social norms.