Figure 30-2

question 404

Multiple Choice

Figure 30-2. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes.
-Refer to Figure 30-2. Suppose the relevant money-demand curve is the one labeled MD1; also suppose the economy's real GDP is 20,000 for the year. If the money market is in equilibrium, then how many times per year is the typical dollar bill used to pay for a newly produced good or service?

• A) 4
• B) 2
• C) 8
• D) 10

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Definitions:

Unconsciousness

A state where an individual is unaware of their surroundings and unable to respond to stimuli, also refers to the part of the mind that contains thoughts and memories not presently in conscious awareness.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Sigmund Freud

An Austrian neurologist who is the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Unconscious

A part of the mind that houses thoughts, memories, and desires not within conscious awareness, a concept central to psychoanalytic theories.