QUESTION 4 Figure 30-3 On the following graph. MS represents the money supply and MD represents money demand. MS. MS. VALUE OF MONEY 0.35 MD 8000 13000 QUANTITY OF MONEY Refer to Figure 30-3. Which of the following events could explain a shift of the money-supply curve from MS 2 to MS 1? O a. A decrease in the value of money O b. An increase in the price level O C. An open-market sale of bonds by the Federal Reserve O d. The Federal Reserve buys bonds