Which of the Following Is the Last Step in the Sequence

Multiple Choice

Which of the following is the last step in the sequence?

A) A strong dollar relative to foreign currencies hurts U.S.exporters
B) As the money supply increases,interest rates fall in the short run
C) The value of the dollar declines
D) Low U.S.interest rates makes the dollar less attractive to foreign investors
E) The Fed chooses an expansionary monetary policy