Use the figure below for the following questions.
Figure 30-1
-Refer to Figure 30-1.If the money supply is MS₂ and the value of money is 2,
Definitions:
Crystals
Solid materials whose constituents, such as atoms, molecules, or ions, are arranged in a highly ordered microscopic structure.
Minerals
Naturally occurring inorganic substances with a definite chemical composition and crystalline structure, forming the building blocks of rocks.
Scratch Test
A method used to determine the relative hardness of minerals by scratching them with an object of known hardness or with other minerals.
Effervescence
The potential of a mineral to have a vigorous bubbling reaction when a drop of dilute hydrochloric acid (HCl) is placed on it.
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