The fall in the value of the U.S.dollar against the German mark between 1985 and 1987 was caused by a combination of
A)government intervention and market forces.
B)high inflation and high unemployment.
C)a trade deficit and high consumer debt.
D)worldwide inflation and high unemployment.
E)the oil embargo and deflation

Question

Quizplus · Accepted Answer

The fall in the value of the U.S. dollar against the German mark between 1985 and 1987 was caused by a combination of government intervention, such as the Plaza Accord, and market forces, like lower interest rates in the United States, which caused investors to seek higher returns elsewhere.

The Fall in the Value of the U