One explanation for the fall in the value of the U.S. dollar since 2001is
a. the mix of an tight fiscal/tight monetary policy over the period.
b. the relative weakness of the U.S. economy over the period.
c. a higher degree of accommodation of supply shocks in the United States relative to our trading partners.
d. the disintegration of the Bretton Woods system during these years.
ANSWER
B
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