In some countries,prices in stores are listed in terms of U.S.dollars,rather than in units of the local currency.That's most likely because
A)the country's political system is unstable.
B)interest rates are higher using U.S. dollars than using the local currency.
C)there is no other store of value.
D)the country has experienced high rates of inflation.

Question

Quizplus · Accepted Answer

Prices in stores being listed in terms of U.S. dollars rather than units of local currency is most likely due to the country experiencing high rates of inflation. This could result in the local currency losing value rapidly, making it difficult for businesses to set prices accurately. Using a more stable currency like the U.S. dollar can provide more predictability and stability in pricing. Options A, B, and C are not related to this phenomenon.

In Some Countries,prices in Stores Are Listed in Terms of U.S.dollars,rather