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In the Mid-1980s, U.S. Monetary Authorities

Question 15

Multiple Choice

In the mid-1980s, U.S. monetary authorities


A) thought the value of the dollar was too low.
B) refused to work with their counterparts in other countries.
C) sought to reduce the value of the dollar in order to promote exports.
D) decided on using fast food as the indicator of purchasing -power parity.

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