The USDollar Is Most Likely Traded Widely Because It Is ________

question 62

Multiple Choice

The U.S.dollar is most likely traded widely because it is ________.

• A)a reserve currency held by many central banks
• B)one of the oldest and most stable currencies in the world
• C)monitored by the Bank of International Settlements and the U.S. Federal Reserve
• D)based on prices of the NYSE, which is the world's largest foreign-exchange center

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Definitions:

Household Income

The total gross income of all members of a household, considered together for analyzing economic and social conditions.

Quintiles

A statistical value that divides a data set into five equal parts, each representing 20% of the distribution.

Federal Spending

Government expenditures funded by the federal budget, including defense, education, social security, and healthcare programs.

National Defense

The government's role and responsibility in protecting a country and its citizens from external threats and maintaining internal security.