Which of the following tends to cause the U.S.dollar to appreciate in value?
A) An increase in U.S.prices above foreign prices
B) Rapid economic growth in foreign countries
C) A fall in U.S.interest rates below foreign levels
D) An increase in the level of U.S.income

Question

Quizplus · Accepted Answer

Rapid economic growth in foreign countries can lead to increased demand for U.S. goods and services, thereby increasing demand for the U.S. dollar and causing it to appreciate.

Which of the Following Tends to Cause the U