Figure 15-1 -Refer to the Figure 15-1.At an Interest Rate of 4

question 148

Multiple Choice

Figure 15-1

-Refer to the Figure 15-1.At an interest rate of 4 percent,how much is the excess money demand or supply?

• A) There is an excess money demand equal to the distance between a and b.
• B) There is an excess money demand equal to the distance between b and c.
• C) There is an excess money supply equal to the distance between b and a.
• D) There is an excess money supply equal to the distance between c and b.

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