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In the Money Market, If the Nominal Interest Rate Is

Question 17

Multiple Choice

In the money market, if the nominal interest rate is below the equilibrium level,


A) asset prices will rise.
B) the supply of money curve will shift leftward.
C) the quantity of money demanded exceeds the quantity of money supplied.
D) the demand for money curve will shift leftward.
E) the quantity of money supplied exceeds the quantity of money demanded.

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