Figure 30-2.On the graph,MS represents the money supply and MD represents money demand.The usual quantities are measured along the axes.
-Refer to Figure 30-2.Which of the following events could explain a shift of the money-demand curve from MD1 to MD2?
A) an increase in the value of money
B) a decrease in the price level
C) an open-market purchase of bonds by the Federal Reserve
D) None of the above is correct.
Correct Answer:
Verified
Q79: The price level rises if either
A)money demand
Q80: Figure 30-1 Q81: Economic variables whose values are measured in Q82: Economic variables whose values are measured in Q83: Figure 30-2.On the graph,MS represents the money Q85: Figure 30-3.On the graph,MS represents the money Q86: Figure 30-3.On the graph,MS represents the money Q87: Figure 30-2.On the graph,MS represents the money Q88: Figure 30-2.On the graph,MS represents the money Q152: The price level is a
A)relative variable.
B)dichotomous variable
C)real
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