Equilibrium in the Money Market Exists When

question 153

Multiple Choice

Equilibrium in the money market exists when

• A) at a given interest rate,excess supply of money is equal to the quantity demanded of money.
• B) at a given interest rate,excess demand for money is equal to the quantity demanded of money.
• C) the supply of money curve intersects the demand for money curve at the prevailing interest rate.
• D) b and c

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