Draw a correctly labeled money market graph. Label your money supply curve MS, your money demand curve MD, the equilibrium interest rate r1, and the equilibrium quantity of money M1. There is a figure in your textbook you can use as a guide.
Draw a correctly labeled money market graph. Label your money supply curve MS, your money demand curve MD, the equilibrium interest rate r1, and the equilibrium quantity of money M1. There is a figure in your textbook you can use as a guide.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:• Draw a correctly labeled money market graph. Label your money
supply curve MS, your money demand curve MD, the equilibrium
interest rate r1, and the equilibrium quantity of money M1.
There is a figure in your textbook you can use as a guide.
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