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    Exam 18: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
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    Below the Equilibrium Level of Nominal Interest Rates, There Is
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Below the Equilibrium Level of Nominal Interest Rates, There Is

Question 39

Question 39

Multiple Choice

Below the equilibrium level of nominal interest rates, there is a _______ of money and money interest rates will tend to _____ as a result.


A) ​Shortage; fall.
B) ​Shortage; rise.
C) ​Surplus, fall.
D) ​Surplus; rise.

Correct Answer:

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