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During the Great Recession of 2008-2009, the Dollar Increasingly Was

Question 198

Multiple Choice

During the Great Recession of 2008-2009, the dollar increasingly was viewed as a safe-haven currency, as investors fled to it when they worried about the stability of the global economy.As investors fled to the dollar,


A) the demand for dollars increased and the dollar's exchange value appreciated.
B) the demand for dollars increased and the dollar's exchange value depreciated.
C) the demand for dollars decreased and the dollar's exchange value appreciated.
D) the demand for dollars decreased the dollar's exchange value depreciated.

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