I missed this questino on a test - can you assist? I chose II only.

Question 24(Worth 3 points)

Which of the following is true concerning the real value of the United States dollar?

I. It is determined by the federal government.

II. It is determined by the value of goods and services it will buy.

III. It is determined by the U.S. and foreign investors in the foreign exchange market.

I only.

II only.

III only.

II and III only.

I, II, and III only.

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