Figure 30-1 -Refer to Figure 30-1. If the Current Money Supply Is

question 263

Multiple Choice

Figure 30-1
-Refer to Figure 30-1. If the current money supply is MS1, then

• A) equilibrium exists when the value of money is 2.
• B) equilibrium exists when the equilibrium is at point D.
• C) equilibrium exists when the value of money is 1.
• D) there is excess demand if the value of money is 2.

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