When Interest Rates Rise, There Immediately Is an Excess

question 114

Multiple Choice

When interest rates rise, there immediately is an excess

• A) supply of money and an excess supply of bonds.
• B) supply of money and an excess demand for bonds.
• C) demand for money and an excess supply of bonds.
• D) demand for money and an excess demand for bonds.
• E) demand for bonds and no demand for money.

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Definitions:

UN

The United Nations, an international organization founded in 1945 to promote peace, security, and cooperation among countries worldwide.

Greensboro Sit-in

A pivotal event in the Civil Rights Movement where four African American college students sat at a segregated Woolworth's lunch counter in Greensboro, North Carolina, in 1960, demanding service.

Racial Segregation

The enforced separation of different racial groups within a community, institution, or country, historically sanctioned by law in some societies, notably in the United States pre-Civil Rights Movement.

Roman Catholic

Relating to the Christian denomination that is centered around the Pope in the Vatican and is characterized by its liturgical traditions and teachings.