The value of a dollar is _________________.
A) Driven by the stock market
B) Its purchasing power
C) Controlled by the U.S.Treasury
D) Inversely related to inflation

Question

Quizplus · Accepted Answer

The value of a dollar is based on its purchasing power, meaning how much goods and services it can buy. This is influenced by factors such as supply and demand, economic growth, and inflation. It is not directly tied to the stock market, controlled solely by the U.S. Treasury, or inversely related to inflation; although inflation can impact the value of the dollar, it is not a direct correlation.

The Value of a Dollar Is _________________