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Figure 34-2

question 174

Multiple Choice

Figure 34-2
(a) The Money Market
(b) The Aggregate Demand Curve Figure 34-2 (a)  The Money Market (b)  The Aggregate Demand Curve     -Refer to Figure 34-2. If the money-supply curve MS on the left-hand graph were to shift to the left, this would A) not represent an action taken by the Federal Reserve. B) shift the AD curve to the right. C) create, until the interest rate adjusted, an excess supply of money at the interest rate that equilibrated the money market before the shift. D) shift the AD curve to the left. Figure 34-2 (a)  The Money Market (b)  The Aggregate Demand Curve     -Refer to Figure 34-2. If the money-supply curve MS on the left-hand graph were to shift to the left, this would A) not represent an action taken by the Federal Reserve. B) shift the AD curve to the right. C) create, until the interest rate adjusted, an excess supply of money at the interest rate that equilibrated the money market before the shift. D) shift the AD curve to the left.
-Refer to Figure 34-2. If the money-supply curve MS on the left-hand graph were to shift to the left, this would

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