The scenario in which the dollar plummets in value is called the
A) soft-landing scenario.
B) hard-landing scenario.
C) fair-trade scenario.
D) free-trade scenario.
E) cap-and-trade scenario.

Question

Quizplus · Accepted Answer

The scenario in which the dollar plummets in value is called the hard-landing scenario. This occurs when investors and other countries lose confidence in the US economy and the value of the dollar drops rapidly, causing significant economic disruption.

The Scenario in Which the Dollar Plummets in Value Is