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When the money market is depicted in a diagram with the value of money on the vertical axis, which of the following happens if the

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When the money market is depicted in a diagram with the value of money on the vertical axis, which of the following happens if the price level is above the equilibrium level? [think through this question very carefully]. Select one: O There is a shortage, so the price level will fall. O There is a surplus, so the price level will fall. O There is a surplus, so the price level will rise. There is a shortage, so the price level will rise

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