An Appreciation of the U.S. Dollar

Multiple Choice

An appreciation of the U.S. dollar

A) is the same thing as a decrease in the consumer price level.
B) increases the purchasing power of the U.S. dollar in foreign markets for goods and services.
C) decreases the purchasing power of the U.S. dollar in foreign markets for goods and services.
D) is the same thing as an increase in the consumer price level.