Suppose there is a surplus in the money market.
A) This could have been created by an increase in the money supply.The value of money will rise.
B) This could have been created by an increase in the money supply.The value of money will fall.
C) This could have been created by a decrease in the money supply.The value of money will rise.
D) This could have been created by a decrease in the money supply.The value of money will fall.
Correct Answer:
Verified
Q67: When the money market is drawn with
Q68: Figure 30-1 Q70: When the money market is drawn with Q71: The value of money falls.This might be Q73: When the money market is drawn with Q74: When the money market is drawn with Q75: The price level rises if either Q76: When the money market is drawn with Q77: When the money market is drawn with Q155: Figure 30-1 
A)money demand
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