-Using the Above Figure, Which of the Following Is Correct

question 265

Multiple Choice

-Using the above figure, which of the following is correct?

• A) A shortage of guilders exists at an exchange rate above $0.60.
• B) A surplus of guilders exists at an exchange rate above $0.60.
• C) 1 dollar will sell for 1/2 guilder.
• D) 1 guilder will sell for $2.

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