When the Money Market Is Drawn with the Value of Money

question 121

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,if the price level is below the equilibrium level,there is an

• A)excess demand for money,so the price level will rise.
• B)excess demand for money,so the price level will fall.
• C)excess supply of money,so the price level will rise.
• D)excess supply of money,so the price level will fall.

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Definitions:

Objectives

Objectives refer to the specific, measurable goals individuals or organizations aim to achieve.

Benefit

An advantage, gain, or positive outcome derived from a specific action, decision, or product.

Satisfaction

A feeling of fulfillment or contentment that comes from achieving one's goals or meeting one's needs and desires.

Civilian Goods

Products and services intended for use by the general public rather than for military purposes.