If at Some Interest Rate the Quantity of Money Demanded

question 97

Multiple Choice

If at some interest rate the quantity of money demanded is greater than the quantity of money supplied, what will people desire to do and what will happen to the interest rate?

• A) People will sell interest-bearing assets, causing the interest rate to decrease.
• B) People will sell interest-bearing assets, causing the interest rate to increase.
• C) People will buy interest-bearing assets, causing the interest rate to decrease.
• D) People will buy interest-bearing assets, causing the interest rate to increase.

---

Definitions:

Texture

The feel, appearance, or consistency of a surface or a substance.

WordArt

A feature in Microsoft Office applications that allows users to create stylized text with various effects like texture, shadows, and shapes.

F9

A function key on a computer keyboard that can be assigned various tasks, including refreshing a document or recalculating formulas in spreadsheets.

Change Colors Button

A user interface control that allows users to modify the color scheme of an element or collection of elements.