Multiple Choice
For the following questions, consult the diagram below:
Figure 34-1
-Refer to Figure 34-1.At an interest rate of 4 percent there is excess
A) money demand equal to the distance between a andb
B) money demand equal to the distance between b and c.
C) money supply equal to the distance between b and a.
D) money supply equal to the distance between c and b.
Correct Answer:
Verified
Correct Answer:
Verified
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