Multiple Choice
As the interest rate falls to equilibrium in the market for money,
A) the quantity of money demanded falls, which would reduce a shortage of money.
B) the quantity of money demanded falls, which would reduce a surplus of money.
C) the quantity of money demanded rises, which would reduce a shortage of money.
D) the quantity of money demanded rises, which would reduce a surplus of money.
Correct Answer:
Verified
Correct Answer:
Verified
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