contestada

suppose the market for money, drawn with the value of money on the vertical axis and the quantity of money on the horizontal axis , is in equilibrium. if the money supply increases, then at the old value of money there is an a. excess supply of money that will result in an increase in spending. b. excess demand for money that will result in an increase in spending. c. excess supply of money that will result in a decrease in spending. d. excess demand for money that will result in a decrease in spending.

Respuesta :

AmishaSrivastava

At the old value of money there is an  excess supply of money that will result in an increase in spending.

What is money ?

  • Money is an object or verifiable record that is commonly used in a particular country or socioeconomic situation as payment for goods and services and to repay debts such as debts.
  • Taxes are accepted.
  • The main features that characterize money are the medium of exchange, the unit of account, the store of value, and possibly the standard of post payment.
  • Money has historically been an emerging market phenomenon with intrinsic value as a commodity.
  • Almost all modern monetary systems are based on unsecured legal tender with no use value.
  • The money supply is the total amount of money in circulation, including cash, coins, and  bank account balances.
  • Not all  classifications are in widespread use and different countries may use different classifications.

To learn more about money from the given link :

https://brainly.com/question/22984856

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