Asked by
Brandon Predmore
on Oct 11, 2024Verified
A stronger dollar benefits American
A) workers.
B) consumers.
C) businesses.
D) commodity market speculators.
Stronger Dollar
A situation where the value of the U.S. dollar increases relative to other currencies in the global market, making imports cheaper and exports more expensive.
American Consumers
Individuals or households in the United States that purchase goods and services for personal use.
- Identify the determinants affecting the worth of the U.S. dollar and their consequences for the economic landscape.
Verified Answer
JP
Learning Objectives
- Identify the determinants affecting the worth of the U.S. dollar and their consequences for the economic landscape.