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Question 13 (1 point) Figure 11-1 Value of Money Money Demand Quantity of Money Refer to Figure 11-1. If the money supply is MS, and
Question 13 (1 point) Figure 11-1 Value of Money Money Demand Quantity of Money Refer to Figure 11-1. If the money supply is MS, and the value of money is 2, which relationship holds? The value of money is less than its equilibrium level. The price level is higher than its equilibrium level. O The money demand is greater than the money supply. O The money supply is greater than money demand
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