Answer to Question #211207 in Finance for Mohamed

Question #211207

One reason the dollar depreciated against the euro in 2002–2005 was

Select one:

a. inflation was higher in the United States.

b. interest rates were lower in the United States.

c. monetary policy was looser in the United States.

d. all of the above


1
Expert's answer
2021-06-29T07:02:02-0400

b) interest rates were lower in the United States.


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