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Figure 30-1 -Refer to Figure 30-1.If the Money Supply Is MS2 and Is

Question 1

Multiple Choice

Figure 30-1 Figure 30-1 -Refer to Figure 30-1.If the money supply is MS<sub>2</sub> and the value of money is 2,then there is an excess A) demand for money that is represented by the distance between points A and C. B) demand for money that is represented by the distance between points A and B. C) supply of money that is represented by the distance between points A and C. D) supply of money that is represented by the distance between points A and B.
-Refer to Figure 30-1.If the money supply is MS2 and the value of money is 2,then there is an excess


A) demand for money that is represented by the distance between points A and C.
B) demand for money that is represented by the distance between points A and B.
C) supply of money that is represented by the distance between points A and C.
D) supply of money that is represented by the distance between points A and B.

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