Multiple Choice
Figure 30-1
-Refer to Figure 30-1.If the current money supply is MS1,then
A) equilibrium exists when the value of money is 2.
B) equilibrium exists when the equilibrium is at point D.
C) equilibrium exists when the value of money is 1.
D) there is excess demand if the value of money is 2.
Correct Answer:

Verified
Correct Answer:
Verified
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