E-bodys use 1-voltage limiter.
I just ran a test on mine to see what should happen. Using a digital mutimeter set to DCVolts on the 20V scale & ignition ON motor cold & not running, pulled the temp. sensor wire, inserted + lead to wire - lead to sensor terminal. Meter flashed 4.XX then 0.00 then 3.XX then 0.00 numbers continually. Got the same results with - lead to ground. The voltage limiter oscillates on & off so the 0.00 readings are when its open.