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 the dollar's exchange value depreciated
Correct Answer:
Verified
Correct Answer:
Verified
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