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.

---

Definitions:

Peace Settlement

An agreement or treaty that concludes a conflict or war and outlines the terms for peace and the resolution of disputes.

Greater Victory

A term signifying a significant or decisive success, often going beyond immediate goals to achieve wider impacts or set precedents.

Louisiana's Slaves

Enslaved people who lived and worked in Louisiana, experiencing a unique blend of French, Spanish, and American slave laws.

Brutal Conditions

Extremely harsh and unforgiving circumstances, often referring to environments or situations lacking humane treatment.