Multiple Choice
When the interest rate is above the equilibrium interest rate,there is an excess ________ money and the interest rate will ________.
A) demand for;rise
B) demand for;fall
C) supply of;fall
D) supply of;rise
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q58: Use the following figure to nswer the
Q155: Risk averse investors always prefer to have
Q156: If the interest rate on a bond
Q157: Everything else held constant,when the inflation rate
Q158: If the price of diamonds is expected
Q160: If housing prices are expected to increase,then,other
Q162: You would be more willing to buy
Q163: If stock prices are expected to climb
Q164: Everything else held constant,when bonds become less
Q165: Discovery of new gold in Alaska will