In the demand and supply model of the money market, the i. ...

[Wadzanai]

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]

Answer to Question 1

E

Answer to Question 2

A

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