When the Money Market Is Drawn with the Value of Money

question 121

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,if the price level is below the equilibrium level,there is an

• A)excess demand for money,so the price level will rise.
• B)excess demand for money,so the price level will fall.
• C)excess supply of money,so the price level will rise.
• D)excess supply of money,so the price level will fall.

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Definitions:

Make-Table Query

A type of query in database applications used to create a new table from the results of a select query.

Parameter Query

A type of database query that requires the user to provide one or more criteria values upon which the search is based, making the query flexible and interactive.

Update Query

A command in database management systems used to modify existing records in the database tables based on specified criteria.

Exclamation Point

A punctuation mark used to express strong feelings or to indicate emphasis.