Suppose the Money Market,drawn with the Value of Money on the Vertical

question 101

Multiple Choice

Suppose the money market,drawn with the value of money on the vertical axis,is in equilibrium.If the money supply increases,then at the old value of money there is an

• A)excess demand for money that will result in an increase in spending.
• B)excess demand for money that will result in a decrease in spending.
• C)excess supply of money that will result in an increase in spending.
• D)excess supply of money that will result in a decrease in spending.

---

Definitions:

Alphabetically

Ordered according to the sequence of the letters in the alphabet.

Hyphenated Surnames

Surnames consisting of two separate names joined by a hyphen, often used to maintain both parents' family names.

Prefixes

Prefixes are a group of letters placed before the root of a word to modify its meaning, such as "un-" in "unhappy".

Numeric Filing

A system for organizing files or documents in numerical order, often based on a unique identification number to facilitate easy retrieval.