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

-Assume that you have just returned to the United States from a summer vacation in Russia, where you exchanged American dollars for Russian rubles. Your economic actions can be said to have:
A)increased the supply of American dollars in Russia.
B)decreased the supply of Russian rubles in America.
C)decreased the supply of American dollars in Russia.
D)increased the demand for American dollars in America.
E)increased the supply of Russian rubles in Russia.

Question

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4
 
-Assume that you have just returned to the United States from a summer vacation in Russia, where you exchanged American dollars for Russian rubles. Your economic actions can be said to have:
A)increased the supply of American dollars in Russia. 
B)decreased the supply of Russian rubles in America. 
C)decreased the supply of American dollars in Russia. 
D)increased the demand for American dollars in America. 
E)increased the supply of Russian rubles in Russia.

Quizplus · Accepted Answer

When you exchanged American dollars for Russian rubles, you increased the supply of American dollars in Russia as you provided dollars to the Russian market in exchange for rubles.

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