If the Interest Rate Is Above the Equilibrium Interest Rate

question 457

Multiple Choice

If the interest rate is above the equilibrium interest rate, then

• A) there is an excess demand for money.
• B) the quantity of money demanded exceeds the quantity supplied.
• C) people will sell bonds and the interest rate will fall.
• D) people will buy bonds and the interest rate will fall.

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Decisional Role

A function involving making choices and decisions as part of one's responsibilities, often in a managerial or leadership context.

Entrepreneur

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Opportunities

Circumstances or situations that present a possibility for advancement, improvement, or success.

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