Use the figure below for the following questions.
Figure 30-1
-Refer to Figure 30-1.If the money supply is MS₂ and the value of money is 2,there is excess
A) demand equal to the distance between A and C.
B) demand equal to the distance between A and B.
C) supply equal to the distance between A and C.
D) supply equal to the distance between A and B.
Correct Answer:
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