Multiple Choice
Figure 16-1
-Refer to Figure 16-1. If the current interest rate is 2 percent,
A) there is an excess supply of money.
B) people will sell more bonds, which drives interest rates up.
C) as the money market moves to equilibrium, people will buy more goods.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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