Figure 36-6 In Figure 36-6, an Expansive Monetary Policy in a Closed

Multiple Choice

Figure 36-6

In Figure 36-6, an expansive monetary policy in a closed economy results in an equilibrium at point E. In our open economy, allowing for the induced change in the currency exchange rate, the final equilibrium will be at a point like

A) B.
B) F.
C) J.
D) H.