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Figure 14.3 -Refer to Figure 14.3. at an Interest Rate of 4

Question 57

Multiple Choice

  Figure 14.3 -Refer to Figure 14.3. At an interest rate of 4%, there is: A)  an excess demand for money of $200. B)  an excess demand for money of $600. C)  an excess supply of money of $600. D)  an excess supply of money of $200. Figure 14.3
-Refer to Figure 14.3. At an interest rate of 4%, there is:


A) an excess demand for money of $200.
B) an excess demand for money of $600.
C) an excess supply of money of $600.
D) an excess supply of money of $200.

Correct Answer:

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