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    Principles of Macroeconomics
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    Exam 11: Money Growth and Inflation
  5. Question
    Figure 11-1 -Refer to Figure 11-1. If the Current Money Supply Is
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Figure 11-1 -Refer to Figure 11-1. If the Current Money Supply Is

Question 106

Question 106

Multiple Choice

Figure 11-1 Figure 11-1   -Refer to Figure 11-1. If the current money supply is located at MS1 and the value of money is 2, what is the excess demand or supply? A)  0 B)  1 C)  2 D)  3
-Refer to Figure 11-1. If the current money supply is located at MS1 and the value of money is 2, what is the excess demand or supply?


A) 0
B) 1
C) 2
D) 3

Correct Answer:

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