If the current money supply is located at MS1,
A. there is no excess supply or excess demand if the value of money is 2.
B. the equilibrium is at point C.
C. there is an excess supply of money if the value of money is 1.
D. All of the above are correct.
Answer:A
If the current money supply is located at MS1,
A. there is no excess supply or excess demand if the value of money is 2.
 B. the equilibrium is at point C.
 C. there is an excess supply of money if the value of money is 1.
 D. All of the above are correct.
