13. COVID-19 and Fed intervention - Following the COVID-19 pandemic, the Fed implemented a series of actions to speed up recovery, such as lowering the Federal funds rate, i.e., a benchmark for short-term interest rates that also affects longer-term rates.

How might this action have affected the foreign flow of funds into the U.S. and affected the value of the dollar? How could such an effect on the dollar increase the probability that the U.S. economy would strengthen? Explain.