Figure 15-1 -Refer to the Figure 15-1.Which of the Following Is Most

Multiple Choice

Figure 15-1

-Refer to the Figure 15-1.Which of the following is most likely to happen if the interest rate is equal to 4?

A) There is excess demand for money, and the interest rate will fall.
B) There is excess supply of money, and the interest rate will rise.
C) There is excess demand for money, and the interest rate will rise.
D) There is an excess supply of money, and the interest rate will fall.