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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
  5. Question
    When the Interest Rate Is Above Equilibrium, There Is Excess
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When the Interest Rate Is Above Equilibrium, There Is Excess

Question 157

Question 157

Short Answer

When the interest rate is above equilibrium, there is excess _____ of money. Households will _____ interest-earning assets, which _____ the interest rate.

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supply, pu...

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