Figure 22-1 -Refer to Figure 22-1.If the money supply is MS 2 and the value of money is 2,then there is an excess

The Answer of Figure 22-1 -Refer to Figure 22-1.If the money supply is MS 2 and the value of money is 2,then there is an excess

Figure 22-1 -Refer to Figure 22-1.If the money supply is MS 2 and the value of money is 2,then there is an excess

The Answer of Figure 22-1 -Refer to Figure 22-1.If the money supply is MS 2 and the value of money is 2,then there is an excess

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Figure 22-1 -Refer to Figure 22-1.If the Money Supply Is MS₂ and Is

Question 85

Multiple Choice

Figure 22-1
-Refer to Figure 22-1.If the money supply is MS₂ and the value of money is 2,then there is an excess

A) demand for money that is represented by the distance between points A and C.
B) demand for money that is represented by the distance between points A and B.
C) supply of money that is represented by the distance between points A and C.
D) supply of money that is represented by the distance between points A and B.

Correct Answer: