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

question 477

Multiple Choice

  -Using the above figure, which of the following is CORRECT? A)  1 guilder will sell for $2. B)  1 dollar will sell for 1/2 guilder. C)  A shortage of guilders exists at an exchange rate above $0.60. D)  A surplus of guilders exists at an exchange rate above $0.60.
-Using the above figure, which of the following is CORRECT?


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