-Refer to Figure 17-2.If the dollar price of the guilder is $0.70,we would expect
A) Dutch exports to be very attractive to Americans
B) a recession in the United States
C) a decrease in the exchange rate until it achieves equilibrium at $0.50 per guilder
D) the demand curve for guilders to shift to the right
E) the supply of guilders curve to shift to the left.

Question

-Refer to Figure 17-2.If the dollar price of the guilder is $0.70,we would expect
A) Dutch exports to be very attractive to Americans 
B) a recession in the United States 
C) a decrease in the exchange rate until it achieves equilibrium at $0.50 per guilder 
D) the demand curve for guilders to shift to the right 
E) the supply of guilders curve to shift to the left.

Quizplus · Accepted Answer

The Answer of 
-Refer to Figure 17-2.If the dollar price of the guilder is $0.70,we would expect
A) Dutch exports to be very attractive to Americans 
B) a recession in the United States 
C) a decrease in the exchange rate until it achieves equilibrium at $0.50 per guilder 
D) the demand curve for guilders to shift to the right 
E) the supply of guilders curve to shift to the left.