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MMLU-Pro / 7421 / U.S. dollars and the European Union's (EU's) euro are exchanged in global…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

U.S. dollars and the European Union's (EU's) euro are exchanged in global currency markets. Which of the following is true?

category

economics

options

  1. If inflation is high in the EU and the price level in the United States is stable the value of the dollar appreciates.
  2. If the Fed decreases the money supply the value of the dollar depreciates.
  3. If EU consumers are less inclined to purchase American goods the dollar appreciates.
  4. If U.S. income levels are rising relative to incomes in the EU the euro depreciates.

src

ori_mmlu-high_school_macroeconomics

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Source and history

upstream_id / Original problem ID
7421
task_id
23f4b160-d8ed-51d5-8323-bb85bb8ac13d
task_key
default--test--7421
task_revision_id
1
config / split
default / test

Official source

initial import