Refer to the Graph

question 120

Multiple Choice

Refer to the graph. Higher inflation in the United States relative to that in Canada, ceteris paribus, will cause a(n)

• A)decrease in the supply of U.S. dollars.
• B)increase in the demand for U.S. dollars.
• C)decrease in the value of the U.S. dollar in terms of the Canadian dollar.
• D)increase in the value of the U.S. dollar in terms of the Canadian dollar.

---

Definitions:

Fugitive Slave Law

Legislation passed in the United States that provided for the return of slaves who escaped from one state into another state or territory.

Rural Republic

A conceptual political entity centered around agrarian values, often idealizing the virtues of rural life and self-sufficiency.

Economic Equality

The principle or condition of having equal access to financial resources and opportunities, aiming to reduce disparities in wealth and income among different population groups.

Urban Democracy

The application of democratic governance in urban areas, emphasizing participation of city dwellers in decision-making processes.