3927EconomicsMedium
The appreciation in the value of the dollar in the early 1980s is explained by all of the following except?
Arelatively high inflation rates in the United States
Brelatively high real interest rates in the United States
Cconfidence of foreign investors in the U.S economy
Dthe United States being considered a safe haven by foreign investors
Correct answer
A. relatively high inflation rates in the United States
Explanation
The correct answer is relatively high inflation rates in the United States.