Multiple Choice
If the quantity of money demanded exceeds the money supply,what will the interest rate do?
A) Rise,causing people to hold less money.
B) Fall,causing people to hold less money.
C) Rise,causing people to hold more money.
D) Fall,causing people to hold more money.
E) Remain unchanged,but the demand for money would decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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