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    Business
  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 5: The Behavior of Interest Rates
  5. Question
    When the Price of a Bond Is ________ the Equilibrium
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When the Price of a Bond Is ________ the Equilibrium

Question 49

Question 49

Multiple Choice

When the price of a bond is ________ the equilibrium price,there is an excess demand for bonds and price will ________.


A) above;rise
B) above;fall
C) below;fall
D) below;rise

Correct Answer:

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