Use the following to answer questions:
Figure: A Money Market
-(Figure: A Money Market) Refer to Figure: A Money Market. The equilibrium interest rate is:

Name: Use the following to answer questions: Figure: A Money Market -(Figure: A Money Market) Refer to Figure: A Money Market. The equilibrium interest rate is:
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Question

Use the following to answer questions:
Figure: A Money Market 
-(Figure: A Money Market) Refer to Figure: A Money Market. The equilibrium interest rate is:

Quizplus · Accepted Answer

The equilibrium interest rate is where the supply and demand curves intersect, which is at point (S1, U1, B1.2). Therefore, the correct answer is r_2..

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