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-Refer to Figure 14-2

Question 29

Multiple Choice

-Refer to Figure 14-2.If the interest rate is 8 percent, A) there is an excess supply of money equal to $100 billion B) there is an excess demand for money C) there is an excess supply of money equal to $400 billion D) the Fed will decrease the money supply E) the interest rate will tend to rise
-Refer to Figure 14-2.If the interest rate is 8 percent,


A) there is an excess supply of money equal to $100 billion
B) there is an excess demand for money
C) there is an excess supply of money equal to $400 billion
D) the Fed will decrease the money supply
E) the interest rate will tend to rise

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