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Use the figure below for the following questions.
Figure 30-1
-Refer to Figure 30-1. What happens when the money supply curve shifts from MS1 to MS2?
Geometrically
Geometrically refers to something related to geometry, or in a broader sense, can describe the exponential or multiplicative manner of growth or arrangement.
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a specific time period.
Imported Oil
Oil that is bought from foreign countries and brought into a country for use.
Inefficient Transportation System
A transportation network that fails to move goods or people effectively, often resulting in delays, increased costs, and environmental impact.
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