Assume that U.S. inflation is expected to surge in the near future. The expectation of surge in inflation will most likely place ____ pressure on U.S. dollar immediately.
A) upward
B) downward
C) no
D) cannot be determined

Question

Quizplus · Accepted Answer

The expectation of a surge in inflation will likely lead to a decrease in the value of the U.S. dollar, as investors will seek to move their money into assets that are less likely to be affected by inflation.

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