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:

Ectoderm

The outermost of the three primary germ layers in the embryo, giving rise to the nervous system, skin, and various other tissues and organs.

Mesoderm

The mesoderm is the middle layer of an embryo in early development, giving rise to the musculoskeletal, circulatory, and other systems.

Thyroid

A gland in the neck that produces hormones regulating metabolism, growth, and development of the human body.

Urinary Bladder

The urinary bladder is a hollow muscular organ that collects and stores urine from the kidneys before disposal by urination.