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Refer to the Graph Shown

Question 60

Multiple Choice

Refer to the graph shown.As a result of the shift from D1 to D2, the value of the dollar will: Refer to the graph shown.As a result of the shift from D1 to D2, the value of the dollar will:   A) increase in response to excess demand equal to Q4 -Q2. B) increase in response to excess demand equal to Q3 -Q1. C) decrease in response to excess supply equal to Q4 -Q2. D) decrease in response to excess supply equal to Q3 -Q1.


A) increase in response to excess demand equal to Q4 -Q2.
B) increase in response to excess demand equal to Q3 -Q1.
C) decrease in response to excess supply equal to Q4 -Q2.
D) decrease in response to excess supply equal to Q3 -Q1.

Correct Answer:

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