When the Money Market Is Drawn with the Value of Money

question 129

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,if the price level is above the equilibrium level,there is an

• A)excess demand for money,so the price level will rise.
• B)excess demand for money,so the price level will fall.
• C)excess supply of money,so the price level will rise.
• D)excess supply of money,so the price level will fall.

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Definitions:

Social Storefronts

Online storefronts integrated within social media platforms, allowing businesses to sell directly to consumers through these channels.

Alternate Reality Games

Interactive networked narrative games that use the real world as a platform, often involving multiple media and game elements to tell a story that may be affected by participants' ideas or actions.

Barriers To Entry

Obstacles that make it difficult for new competitors to enter a market, including high costs, regulatory requirements, and strong brand loyalty among existing consumers.

Casual Game

A video game designed for a broad audience, which is easy to learn and play, and typically requires no long-term time commitment.