When the price of a bond is ________ the equilibrium price,there is an excess demand for bonds and the price will ________.
A) above; rise
B) above; fall
C) below; fall
D) below; rise
Correct Answer:
Verified
Q11: As the price of a bond _
Q12: The demand for an asset rises if
Q13: When the demand for bonds _ or
Q14: When the demand for bonds _ or
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Q17: When the interest rate on a bond
Q18: When the demand for bonds _ or
Q19: When the price of a bond is
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