Question
The activity is to be answered based on the 1st letter of the SURNAME.Show the change in the demand for money and the change in
The activity is to be answered based on the 1st letter of the SURNAME.Show the change in the demand for money and the change in the supply of money graphically and the effect on the equilibrium level of interest rate and the quantity of money. The scenarios are as follows:
uSurnamesA & B = the increase in demand for money is equal to the increase in the supply of money
uSurnamesC & D = the increase in demand for money is greater than the increase in the supply of money
uSurnamesE & F = the increase in demand for money is lesser than the increase in the supply of money
uSurnamesG & H = the increase in demand for money is equal to the decrease in the supply of money
uSurnamesI, J & K = the increase in demand for money is greater than the decrease in the supply of money
uSurnamesL & M = the increase in demand for money is lesser than the decrease in the supply of money
uSurnamesN & O = the decrease in demand for money is equal to the increase in the supply of money
uSurnamesP & Q = the decrease in demand for money is greater than the increase in the supply of money
uSurnamesR & S = the decrease in demand for money is lesser than the increase in the supply of money
uSurnamesT & U = the decrease in demand for money is equal to the decrease in the supply of money
uSurnamesV & W = the decrease in demand for money is greater than the decrease in the supply of money
uSurnamesX, Y & Z = the decrease in demand for money is lesser than the decrease in the supply of money
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