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Author Question: Equilibrium in the money market occurs when A) the quantity of money demanded is less than the ... (Read 59 times)

piesebel

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  • Posts: 565
on: Jun 30, 2018
Equilibrium in the money market occurs when
 
  A) the quantity of money demanded is less than the quantity of money supplied.
  B) the interest rate equals the money supply.
  C) the quantity of money demanded is more than the quantity of money supplied.
  D) the quantity of money demanded equals the quantity of money supplied.

Question 2

It is profitable to hire more labor if the price level ________ and the money wage rate ________.
 
  A) rises; falls
  B) rises; rises by the same percentage
  C) falls; does not change
  D) falls; rises
  E) does not change; rises


xthemafja

  • Sr. Member
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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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