Figure 21-1 -Refer to Figure 21-1. Which of the Following Is Correct

question 307

Multiple Choice

Figure 21-1
-Refer to Figure 21-1. Which of the following is correct?

• A)If the interest rate is 4 percent, there is excess money demand, and the interest rate will fall.
• B)If the interest rate is 3 percent, there is excess money supply, and the interest rate will rise.
• C)Starting with an interest rate of 4 percent, the demand for goods and services will increase until the money market reaches a new equilibrium.
• D)None of the above is correct.

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Definitions:

Average Normal Temperature

The typical core body temperature range considered normal for a healthy person, commonly around 98.6°F or 37°C.

Night

The period of darkness in each twenty-four hours; the time from sunset to sunrise.

Healthy

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Hypertension

A condition in which the blood pressure in the arteries is persistently elevated.