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If There Are Just Two Assets,bonds and Money,then an Excess

Question 50

Multiple Choice

If there are just two assets,bonds and money,then an excess demand for money implies


A) an excess supply of bonds.
B) an excess demand for bonds.
C) equilibrium in the bond market.
D) an indeterminate equilibrium in the bond market.
E) nothing about conditions of demand for the other financial asset.

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