Multiple Choice
-In the figure above, if the interest rate is 8 percent, people demand $0.1 trillion
A) more money than the quantity supplied and bond prices will rise.
B) less money than the quantity supplied and bond prices will fall.
C) more money than the quantity supplied and bond prices will fall.
D) less money than the quantity supplied and bond prices will rise.
Correct Answer:
Verified
Correct Answer:
Verified
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