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    Exam 4: Why Do Interest Rates Change?
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    When the Price of a Bond Is Above the Equilibrium
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When the Price of a Bond Is Above the Equilibrium

Question 98

Question 98

Multiple Choice

When the price of a bond is above the equilibrium price,there is excess ________ in the bond market and the price will ________.


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

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