Asked by ASUBIZANEZA Adeodathe on Sep 24, 2024
Verified
The US is experiencing a technological boom.Relative to the other countries with lower technological growth,we expect to see the dollar
A) Appreciate
B) Depreciate
C) Stay constant in value
D) None of the above
Technological Boom
A period characterized by rapid advancements and widespread adoption of new technologies, often leading to significant economic and societal changes.
US Dollar
the official currency of the United States, widely used as a standard of exchange in international markets.
Appreciate
In finance, a term used to describe an increase in the value of an asset over time. In general usage, it can also mean to recognize the worth or value of something.
- Comprehend how technological advancements in a country can affect its currency's international value.
Verified Answer
Learning Objectives
- Comprehend how technological advancements in a country can affect its currency's international value.
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