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Figure 30-1 -Refer to Figure 30-1. If the Current Money Supply Is

Question 113

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Figure 30-1 Figure 30-1 -Refer to Figure 30-1. If the current money supply is MS1, then A) equilibrium exists when the value of money is 2. B) equilibrium exists when the equilibrium is at point D. C) equilibrium exists when the value of money is 1. D) there is excess demand if the value of money is 2.
-Refer to Figure 30-1. If the current money supply is MS1, then


A) equilibrium exists when the value of money is 2.
B) equilibrium exists when the equilibrium is at point D.
C) equilibrium exists when the value of money is 1.
D) there is excess demand if the value of money is 2.

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