The appreciation in the value of the dollar in the early 1980s is explained by all of the following EXCEPT relatively high inflation rates in the United States.
A) the United States being considered a safe haven by foreign investors.
B) relatively high real interest rates in the United States.
C) confidence of foreign investors in the U.S. economy.
D) relatively high inflation rates in the United States.

Question

Quizplus · Accepted Answer

The statement explicitly says "EXCEPT relatively high inflation rates in the United States." Therefore, options A, B, and C can be eliminated, leaving D as the correct answer.

The Appreciation in the Value of the Dollar in the Early