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