-In the Figure Above, If the Interest Rate Is 8

question 419

Multiple Choice

-In the figure above, if the interest rate is 8 percent, people demand $0.1 trillion

• A) less money than the quantity supplied and the interest rate will rise.
• B) less money than the quantity supplied and the interest rate will fall.
• C) more money than the quantity supplied and the interest rate will fall.
• D) more money than the quantity supplied and the interest rate will rise.

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Definitions:

Analyze Figures

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