During the Great Recession of 2008-2009,the dollar increasingly was viewed as a safe-haven currency as investors fled to it when they worried about the stability of the global economy.As investors fled to the dollar

Question

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As investors flee to the dollar, the demand for dollars increases, which causes the dollar's exchange value to appreciate. This is because an increase in demand for a currency leads to a higher exchange rate.

During the Great Recession of 2008-2009,the Dollar Increasingly Was Viewed