When the Money Market Is Drawn with the Value of Money

question 38

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,if there is a shortage of money then

• A)the value of money rises which will make people desire to hold more money.
• B)the value of money rises which will make people desire to hold less money.
• C)the value of money falls which will make people desire to hold more money.
• D)the value of money falls which will make people desire to hold less money.

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Definitions:

Detonator

A device or a small amount of explosive used to trigger an explosive charge or set off another explosive device.

Functional Group

A specific grouping of atoms within molecules that is responsible for the characteristic chemical reactions of those molecules.

Organic Explosives

Explosive materials composed of organic chemicals that produce a detonation or rapid expansion of gases to generate destructive effects.

Combustion

A chemical reaction that occurs when a substance reacts with oxygen to give off heat and light, often producing flame.