Figure 34-2

question 111

Multiple Choice

Figure 34-2.On the left-hand graph,MS represents the supply of money and MD represents the demand for money;on the right-hand graph,AD represents aggregate demand.The usual quantities are measured along the axes of both graphs.
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-Refer to Figure 34-2.If the money-supply curve MS on the left-hand graph were to shift to the left,this would

• A)represent an action taken by the Federal Reserve.
• B)shift the AD curve to the left.
• C)create,until the interest rate adjusted,an excess demand for money at the interest rate that equilibrated the money market before the shift.
• D)All of the above are correct.

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Definitions:

Apathy

A lack of interest, enthusiasm, or concern.

APA (American Psychological Association)

A professional organization representing psychologists in the United States, also known for its publication style guide.

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a guide used by healthcare professionals as the authoritative standard for diagnosing mental disorders.

AMA (American Medical Association)

A professional organization for physicians in the United States dedicated to promoting the art and science of medicine and the betterment of public health.