21. After the August 2019 primary elections in Argentina, foreign investors perceived increased political risk. The demand for the peso and the peso, a. rose; appreciated b. fell; appreciated c. rose; depreciated d. fell; depreciated
21. After the August 2019 primary elections in Argentina, foreign investors perceived increased political risk. The demand for the peso and the peso, a. rose; appreciated b. fell; appreciated c. rose; depreciated d. fell; depreciated
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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21

Transcribed Image Text:21. After the August 2019 primary elections in Argentina, foreign investors perceived increased political
risk. The demand for the peso and the peso,
a. rose; appreciated
b. fell; appreciated
c. rose; depreciated
d. fell; depreciated
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