(Figure: Decrease in Money Supply) The figure shows a decrease in the money supply through open market sales. Which of these is INCORRECT concerning this figure?
A) the money supply line shifts to the left.
B) the monetary base decreases.
C) the equilibrium interest rate decreases.
D) there is tighter money in the market.
Correct Answer:
Verified
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Q21: In the market for money, the _
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A) a downward
Q23: The money supply curve has:
A) a downward
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