In the Long Run, If the Quantity of Money Supplied

question 162

Multiple Choice

In the long run, if the quantity of money supplied ________ the quantity demanded, the value of money ________.

• A) exceeds; falls as people spend their surplus money
• B) exceeds; rises as people buy bonds
• C) is less than; falls as people spend their surplus money
• D) is less than; does not change unless the Fed increases the money supply
• E) equals; equals zero

---

Definitions:

Tween

A demographic group of young people, typically aged between 8 and 12 years, who are in the transitional stage from childhood to adolescence.

Adolescent

A young person in the stage of development between childhood and adulthood, typically between the ages of 13 and 19, characterized by significant physical, psychological, and social changes.

Childhood

The period of life from birth to adolescence, characterized by growth, learning, and socialization.

Mature Consumers

Individuals, typically aged 55 and older, with distinct consumer habits and preferences shaped by their life experiences.