The Figure Below Shows the Demand (D) and Supply (S)

question 114

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-Suppose the price of an ounce of silver is 100 nuevos soles in Peru and $400 in the United States. This implies:

• A)the Peruvian nuevo sol is worth four times the value of a U.S. dollar.
• B)the Peruvian nuevo sol is worth one-fourth the value of a U.S. dollar.
• C)Peru's economy must be four times larger than the U.S. economy.
• D)the U.S. economy must be four times larger than that of Peru.
• E)the U.S. dollar is worth four times the value of a Peruvian nuevo sol.

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Definitions:

Food Deprivation

The condition of being withheld from food, which can lead to various physiological and psychological effects.

Association Areas

Regions of the cerebral cortex that integrate simpler functions to perform more complex functions like learning, remembering, and speaking.

Somatosensory Cortex

A part of the brain responsible for processing sensory information from various parts of the body, related to touch, temperature, and body position.

Hippocampus

An area in the brain linked to the development of memory and the ability to find one's way through space.