Figure 24-1 -Refer to Figure 24-1.Ceteris Paribus,an Increase in the Value of the Value

question 233

Multiple Choice

Figure 24-1
-Refer to Figure 24-1.Ceteris paribus,an increase in the value of the domestic currency relative to foreign currencies would be represented by a movement from

• A)AD1 to AD2.
• B)AD2 to AD1.
• C)point A to point B.
• D)point B to point A.

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