Using separate graphs, demonstrate what happens to the money supply, money demand, the value of money, and the price level if:
a. The central bank increases the money supply.
b. People decide to demand less money at each value of money.

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The Answer of Using separate graphs, demonstrate what happens to the money supply, money demand, the value of money, and the price level if:
a. The central bank increases the money supply.
b. People decide to demand less money at each value of money.

Using Separate Graphs, Demonstrate What Happens to the Money Supply