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The forces of supply and demand help set the international value of the U.S. dollar. Analyze the graph. What does the data reveal about the
The forces of supply and demand help set the international value of the U.S. dollar. Analyze the graph. What does the data reveal about the value of the dollar over time?
Trade-Weighted Value of the Dollar Major Currency Index 140 130 120 (Index January 1997 = 100) 838 8 8 8 8 40 30 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 Year Source: Board of Governors of the Federal Reserve SystemStep by Step Solution
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