VALUE OF MONEY 2 MS, MS, A D Money Demand QUANTITY OF MONEY Refer to Figure 31-1. If the money supply is MS2 and the value of money is 5, then there is an excess demand for money that is represented by the distance between points C and D. supply of money that is represented by the distance between points C and D. supply of money that is represented by the distance between points C and A. demand for money that is represented by the distance between points C and A.

VALUE OF MONEY 2 MS, MS, A D Money Demand QUANTITY OF MONEY Refer to Figure 31-1. If the money supply is MS2 and the value of money is 5, then there is an excess demand for money that is represented by the distance between points C and D. supply of money that is represented by the distance between points C and D. supply of money that is represented by the distance between points C and A. demand for money that is represented by the distance between points C and A.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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