Economics · Macroeconomics
When does a money market reach equilibrium?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When the demand for money (L) is greater than the supply of money (M)
- 2When the demand for money (L) is less than the supply of money (M)
- 3When the demand for money (L) is equal to the supply of money (M)✓
- 4When the demand for money (L) is constant
Correct answer
When the demand for money (L) is equal to the supply of money (M)
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