When Argentines Increase Their Savings in U

question 48

Multiple Choice

When Argentines increase their savings in U.S. dollars, the U.S. money:

• A)supply curve shifts left.
• B)supply curve shifts right.
• C)demand curve shifts right.
• D)demand curve shifts left.

---

Definitions:

Economic Hardship

A situation where an individual or community experiences financial stress, often due to unemployment, high living costs, or a decline in economic conditions.

Cash Crops

Agricultural crops grown primarily for sale to return a profit, such as tobacco, cotton, and sugar, rather than for personal use or sustenance.

Domestic Servants

Workers employed within a household to perform a variety of tasks and services like cooking, cleaning, and childcare, often without much legal protection or rights historically.

Aura of Authority

The perceived power or right of an individual or organization to lead and make decisions.