Figure 15-1 -Refer to Figure 15-1.Ceteris Paribus,an Increase in the Value of in the Value

Multiple Choice

Figure 15-1

-Refer to Figure 15-1.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.