When the quantity of money supplied equals the quantity of money demanded, then
A. the money market is in equilibrium.
B. the goods market is in equilibrium.
C. the money market is not in equilibrium.
D. the asset market is in equilibrium.
Answer: D
Economics
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A) the aggregate supply curve is upward sloping. B) real GDP is always equal to potential GDP. C) the money wage rate can change. D) the price level does not change.
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In order for a production possibilities curve to shift to the right, which of the following must occur?
A) government involvement B) increasing consumer wants C) economic growth D) reductions in the supply of resources
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