Figure 2 shows what happens. The monetary injection shifts the supply curve to the right from MS1 to MS2, and the equilibrium moves from point A to point B. As a result, the value of money (shown on the left axis) decreases from , and the equilibrium price level (shown on the right axis) increases from 2 to 4. In other words, when an increase in the money supply makes dollars more plentiful, the result is an increase in the price level tilat melees each dollar less valuable.