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    Exam 4: Why Do Interest Rates Change?
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    When the Interest Rate on a Bond Is ________ the Equilibrium
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When the Interest Rate on a Bond Is ________ the Equilibrium

Question 85

Question 85

Multiple Choice

When the interest rate on a bond is ________ the equilibrium interest rate,there is excess ________ in the bond market and the interest rate will ________.


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

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