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Figure 11.2 Alt text for Figure 11.2: In figure 11.2, a graph shows shift in money supply.
Long description for Figure 11.2: The x-axis is labelled, quantity of money, M (billions of dollars) , with values $90 and 95 marked.The y-axis is labelled, interest rate, i, with values 3 and 4% marked.3 lines are shown; MS1, MS2, and MD.Line MD begins at the top left corner and slopes down toward the end of the x-axis.Line Money supply MS1 is perpendicular to the x-axis, from point 95.Line MS2 is perpendicular to the x-axis, and begins from the value $90, to the left of line MS1.Line MD meets line MS1 at point (95, 3) , half way along both lines.Line MD meets line MS2 at point ($90, 4%) , approximately 3 quarters of the way along both lines.These points of intersection are connected to their respective coordinates on the y-axis using dotted lines.
-Refer to Figure 11.2.In the figure above, when the money supply shifts from MS1 to MS2, at the interest rate of 3 percent households and firms will
Disadvantage
A disadvantage is a condition or situation that puts someone or something at a less favorable position compared to others.
High Self-monitors
Individuals who are highly aware of their own behavior and the social context, adjusting their actions and presentation to suit different situations.
Low Self-monitors
refers to individuals who consistently exhibit their true thoughts, feelings, and behaviors regardless of the social context, displaying less adaptation to social cues.
External Locus
Refers to a belief that outcomes in one's life are due to external forces and circumstances beyond individual control.
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