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Figure 30-1 -Refer to Figure 30-1. When the Money Supply Curve Shifts

Question 3

Multiple Choice

Figure 30-1 Figure 30-1 -Refer to Figure 30-1. When the money supply curve shifts from MS<sub>1</sub> to MS<sub>2</sub>, A) the equilibrium value of money decreases. B) the equilibrium price level decreases. C) the supply of money has decreased. D) the demand for goods and services will decrease.
-Refer to Figure 30-1. When the money supply curve shifts from MS1 to MS2,


A) the equilibrium value of money decreases.
B) the equilibrium price level decreases.
C) the supply of money has decreased.
D) the demand for goods and services will decrease.

Correct Answer:

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