Question: 9. Using separate graphs for each situation, demonstrate what happens to money supply, money demand, the value of money, and the price level under each

9. Using separate graphs for each situation, demonstrate what happens to money supply, money demand, the value of money, and the price level under each of the following situations. Briefly explain. (a) The Bank of Canada decreases the money supply. (6 marks) (b) People decide to demand more money at each price level. (6 marks) (c) Banks decide to hold fewer excess reserves. (6 marks)

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Do not take criticism personally, even if it is meant to be personal.

2. To understand that as a general rule it takes about 3 minutes before the other part(s) have made up a 90% impression of you.

3. To understand that the first impression means a lot, and it takes a lot of energy to change this first impression.