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Suppose That an Individual Can Hold Her Wealth in Only

Question 22

Multiple Choice

Suppose that an individual can hold her wealth in only two forms: money and bonds.A _______________ in the bond market would then imply that there is a ________________ in the money market.


A)
surplus; surplus
B)
shortage; shortage
C)
surplus; shortage
D)
shortage; surplus
E)
c and d

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