When the Money Market Is Drawn with the Value of Money

question 147

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,an increase in the money supply creates an excess

• A)supply of money,causing people to spend more.
• B)supply of money,causing people to spend less.
• C)demand for money,causing people to spend more.
• D)demand for money,causing people to spend less.

---

Definitions:

If Statement

A conditional programming statement that runs a specific block of code when a certain condition is met.

Else Clause

A part of conditional statements in programming that specifies what action to take when the condition in an if statement is not met.

Macro Action

A programmed instruction that triggers a sequence of operations or commands in software, automating repetitive tasks.

Single Step

A process or operation performed individually or as a distinct part of a sequence in problem-solving or debugging tasks.