In June of 2020, the prospect of recovery from covid-19 appeared more likely than it had before. Which of the following best describes the impact on the market for dollars?

Group of answer choices

None of the other answers are correct.

Demand for dollars increased as investors sought to purchase securities in the rebounding US economy.

Demand for dollars decreased because investors thought they were less valuable.

Supply of dollars decreased because so many investors were purchasing them.

Demand for dollars decreased as investors converted dollars into other currencies to buy securities outside of the US.