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FIGURE 29-2 Refer to Figure 29-2

Question 52

Multiple Choice

FIGURE 29-2 Refer to Figure 29-2.Suppose the economy has moved from E<sub>0 </sub>to E<sub>1</sub>.If there is then no monetary validation,the adjustment process will lead to a new equilibrium at A) E<sub>0</sub>. B) E<sub>1</sub>. C) E<sub>2</sub>. D) E<sub>3</sub>. E) E<sub>4</sub>. FIGURE 29-2 Refer to Figure 29-2.Suppose the economy has moved from E0 to E1.If there is then no monetary validation,the adjustment process will lead to a new equilibrium at


A) E0.
B) E1.
C) E2.
D) E3.
E) E4.

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