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When the money market is drawn with the value of money on the vertical axis, an increase in the money supply creates ______________. a. an

When the money market is drawn with the value of money on the vertical axis, an increase in the money supply creates ______________. a. an excess supply of money, causing people to spend more. b. an excess supply of money, causing people to spend less. c. an excess demand for money, causing people to spend more. d. an excess demand for money, causing people to spend less.

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