Value af Maney MS, MS2 Meney

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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90
Figure 11-1
of
Value
of
Maney
MS1
MS2
lag
Meney
Dem and
1
C D
Quantity of Man ey
Refer to the Figure 11-1. What happens when the money supply curve shifts from MS, to MS,?
Select one:
a. The economy's ability to produce goods and services increases.
b. The demand for goods and services decreases.
c. The equilibrium value of money increases.
d. The equilibrium price level increases.
2.
Transcribed Image Text:90 Figure 11-1 of Value of Maney MS1 MS2 lag Meney Dem and 1 C D Quantity of Man ey Refer to the Figure 11-1. What happens when the money supply curve shifts from MS, to MS,? Select one: a. The economy's ability to produce goods and services increases. b. The demand for goods and services decreases. c. The equilibrium value of money increases. d. The equilibrium price level increases. 2.
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