A Person Holding Dollar Deposits During the Devaluation of the Dollar

question 66

Multiple Choice

A person holding dollar deposits during the devaluation of the dollar would

• A) enjoy a monetary gain.
• B) see the foreign currency value of dollar assets increase by the amount of the exchange rate change.
• C) shift their wealth into domestic investments.
• D) suffer a monetary loss and see the foreign currency value of dollar assets decrease by the amount of the exchange rate change.
• E) see no change in their investments.

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Definitions:

Recessive

Describing traits or genes that are expressed in offspring only when inherited from both parents, as opposed to dominant traits that are expressed when inherited from just one parent.

Genetic Disorders

Diseases or conditions caused by abnormalities in an individual's DNA, often inherited from one or both parents.

Autosomes

Any chromosome that is not a sex chromosome; autosomes are present in pairs in both males and females and carry the bulk of genetic information.

X-linked

A mode of genetic inheritance by which a trait is passed from parent to child through the X chromosome.