Refer to the Information Provided in Figure 11

question 19

Multiple Choice

Refer to the information provided in Figure 11.3 below to answer the questions that follow.
Figure 11.3
-Refer to Figure 11.3.At an interest rate of 3%,there is a

• A)shortage of money and the interest rate will decline.
• B)shortage of money and the interest rate will rise.
• C)surplus of money and the interest rate will decline.
• D)surplus of money and the interest rate will rise.

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