If the Nominal Interest Rate Is Above the Equilibrium Value

question 66

Multiple Choice

If the nominal interest rate is above the equilibrium value, then the quantity demanded of money is ________ than the quantity supplied of money, bond prices will ________, and the nominal interest rate will ________.

• A)greater; fall; increase
• B)less; rise; decrease
• C)greater; rise; increase
• D)less; fall; increase

---

Definitions:

Immunizations

The use of vaccines to build immunity against infectious diseases.

Neonatal Department

A specialized hospital unit focused on the care of newborn infants, particularly those who are ill or premature.

Local Newspaper

A publication focusing on news, events, and issues of interest to a particular geographic area or community.

Public Relations Department

A department within an organization responsible for managing communications, media relations, and the organization's public image.