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

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.