When the Money Market Is Drawn with the Value of Money

question 58

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,

• A)money demand slopes upward and money supply is horizontal.
• B)money demand slopes downward and money supply is horizontal.
• C)money demand slopes upward and money supply is vertical.
• D)money demand slopes downward and money supply is vertical.

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Definitions:

Pectoralis Major

A large muscle in the upper chest that helps in the movement of the shoulder and the arm.

Beneath

A preposition used to describe something located at a lower level or layer than something else.

Gastrocnemius

A major muscle located in the back part of the lower leg, involved in walking, running, and jumping.

Calf

The muscular back part of the lower leg between the knee and ankle, or a young bovine animal.