Which One of the Following Statements Is Correct Assuming That

question 41

Multiple Choice

Which one of the following statements is correct assuming that exchange rates are quoted as units of foreign currency per dollar?

• A) The exchange rate moves opposite to the value of the dollar.
• B) The exchange rate rises when the U.S. inflation rate is higher than the foreign country's.
• C) When a foreign currency appreciates in value it strengthens relative to the dollar.
• D) The exchange rate falls as the dollar strengthens.

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Definitions:

Affirmative Action Policy

Practices or policies favoring those who tend to suffer from discrimination, especially in relation to employment or education, in an effort to promote equal opportunities.

Political Value

Core beliefs or principles that shape an individual's political opinions and attitudes.

Governmental Social Services

Public programs designed to provide support and assistance to meet the social needs of the population.

Trust in Government

The degree of public confidence in a government's ability to act in the best interests of its citizens, often reflecting the perceived honesty, transparency, and competence of the government.