-Refer to Figure 17-2

question 128

Multiple Choice

-Refer to Figure 17-2.If the dollar price of the guilder is $0.70,we would expect

• A) Dutch exports to be very attractive to Americans
• B) a recession in the United States
• C) a decrease in the exchange rate until it achieves equilibrium at $0.50 per guilder
• D) the demand curve for guilders to shift to the right
• E) the supply of guilders curve to shift to the left.

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