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Refer to Figure 11-1. When the money supply curve shifts from MS1 to MS2, a. the equilibrium value of money decreases. b. the equilibrium price

Refer to Figure 11-1. When the money supply curve shifts from MS1 to MS2,

a. the equilibrium value of money decreases.
b. the equilibrium price level decreases.
c. the supply of money has decreased.
d. the demand for goods and services will decrease.

Figure 30-1 Value of Money MS: MS2 B 1. Money Demand Quantity of Money D.

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