The strong appreciation of the dollar for the last part of the 1990s:
A) was a benefit to all U.S. residents but costly to most foreign producers.
B) was a benefit to U.S. exporters, but put a severe strain on U.S. Importers.
C) was welcomed by all U.S. manufacturers.
D) played a key role in keeping inflation in check even though the economy was growing rapidly.

Question

Quizplus · Accepted Answer

The strong appreciation of the dollar made imports cheaper, which helped to keep inflation low in the United States, even as the economy was experiencing rapid growth. This is because cheaper imports can reduce the cost of goods and services, contributing to lower overall inflation.

The Strong Appreciation of the Dollar for the Last Part