Multiple Choice
Equilibrium in the money market exists when
A) at a given interest rate,excess supply of money is equal to the quantity demanded of money.
B) at a given interest rate,excess demand for money is equal to the quantity demanded of money.
C) the supply of money curve intersects the demand for money curve at the prevailing interest rate.
D) b and c
Correct Answer:
Verified
Correct Answer:
Verified
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