Multiple Choice
If the quantity of money supplied exceeds the quantity of money demanded at a given point in time, _____
A) the price level in the economy will fall.
B) the equilibrium interest rate will increase.
C) the equilibrium interest rate will fall.
D) the money demand curve will shift to the right.
E) the money demand curve will shift to the left.
Correct Answer:
Verified
Correct Answer:
Verified
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