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On the graph that we use to depict the quantity theory of money, a. the supply curve for money is downward-sloping. b. the demand curve
On the graph that we use to depict the quantity theory of money,
a. the supply curve for money is downward-sloping.
b. the demand curve for money is vertical
.c. the quantity of money is measured along the left-hand vertical axis of the graph.
d. the equilibrium is represented by the crossing point of the demand curve for money and the supply curve for money.
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