The Money Supply Schedule Is

question 4

Multiple Choice

The money supply schedule is

• A) horizontal because M_S is set by the central bank while P is taken as given.
• B) horizontal because M_S is set by the central bank.
• C) vertical because M_S is set by the households and firms while P is taken as given.
• D) vertical because M_S and P are set by the central bank.
• E) vertical because M_S is set by the central bank while P is taken as given.

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