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

Question 225

Multiple Choice

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


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

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