Paper 1 May/June 2008 Economics (9708/03) A Level
CIE
AS & A Level
Economics (9708)
شهریور
2008
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Arefe Naderlouei The diagram shows three different levels of money supply (MS) and three different demand curves for holding money balances (LP). The initial equilibrium is at point X.
Banks create more credit and people decide to hold more money as a precaution against emergencies.
What is the new equilibrium point?
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