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Author Question: In the demand and supply model of the money market, the i. supply of money curve is a vertical ... (Read 117 times)

Wadzanai

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on: Jun 29, 2018
In the demand and supply model of the money market, the
 
  i. supply of money curve is a vertical straight line.
  ii. supply of money is the quantity that must be held by households and firms.
  iii. quantity of money is determined by Fed actions.
  A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii

Question 2

A decrease in the value of a currency is called a(n)
 
  A) depreciation. B) integration. C) appreciation. D) consolation.


xMRAZ

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

A


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Wadzanai

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Reply #2 on: Jun 29, 2018
Thank you :)


xMRAZ

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Reply #3 on: Jun 29, 2018
Happy to help you


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