The appreciation in the value of the dollar in the early 1980s is explained by all of the following except ?

A. the United States being considered a safe haven by foreign investors
B. relatively high real interest rates in the United States
C. confidence of foreign investors in the U.S economy
D. relatively high inflation rates in the United States

Correct Answer: relatively high inflation rates in the United States ✔

Last Updated: June 11, 2019