Asked by ASUBIZANEZA Adeodathe on Sep 24, 2024

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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.
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IL
Idalmis Leyva1 day ago
Final Answer :
A
Explanation :
A technological boom in the US is likely to attract foreign investment and increase demand for US goods and services. This leads to an increase in demand for US dollars, thus causing the dollar to appreciate in value relative to other currencies.