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-In Exhibit Q-7, at an Interest Rate of 6 Percent

Question 3

Multiple Choice

-In Exhibit Q-7, at an interest rate of 6 percent, A) we would expect the interest rate to fall soon B) there is an excess demand for loanable funds C) there is an excess supply of loanable funds D) the market is in equilibrium E) the interest rate is above its equilibrium level
-In Exhibit Q-7, at an interest rate of 6 percent,


A) we would expect the interest rate to fall soon
B) there is an excess demand for loanable funds
C) there is an excess supply of loanable funds
D) the market is in equilibrium
E) the interest rate is above its equilibrium level

Correct Answer:

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