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lions [1.4K]
3 years ago
10

When the money market is drawn with the value of money on the vertical axis, as the price level decreases, the value of money

Business
1 answer:
Fiesta28 [93]3 years ago
3 0

Answer:

d. decreases, so the quantity of money demanded increases.

Explanation:

(1) (d) When the money market is drawn with the value of money on the vertical axis, an increase in the money supply: increases the price level and decreases the value of money.

There are several examples in the history where the value of money decreased after the increase of money supply.

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