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Figure 15-1 -Refer to Figure 15-1. What Is Most Likely to Happen

Question 116

Multiple Choice

Figure 15-1 Figure 15-1 -Refer to Figure 15-1. What is most likely to happen if the interest rate is equal to 2? A) There is an excess demand for money, and the interest rate will fall. B) There is an excess supply of money, and the interest rate will rise. C) There is an excess demand for money, and the interest rate will rise. D) There is an excess supply of money, and the interest rate will fall.
-Refer to Figure 15-1. What is most likely to happen if the interest rate is equal to 2?


A) There is an excess demand for money, and the interest rate will fall.
B) There is an excess supply of money, and the interest rate will rise.
C) There is an excess demand for money, and the interest rate will rise.
D) There is an excess supply of money, and the interest rate will fall.

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