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When the Money Market Is Drawn with the Value of Money

Question 49

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,if the money supply rises


A) the price level and the value of money rise.
B) the price level rises and the value of money falls.
C) the price level falls and the value of money rises.
D) the price level and the value of money fall.

Correct Answer:

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