Refer to the graph. If the interest rate rises from 2 percent to 3 percent, the supply of money must have
A) decreased by $50 billion.
B) decreased by $100 billion.
C) decreased by $150 billion.
D) increased by $50 billion.

Question

Refer to the graph. If the interest rate rises from 2 percent to 3 percent, the supply of money must have
A) decreased by $50 billion. 
B) decreased by $100 billion. 
C) decreased by $150 billion. 
D) increased by $50 billion.

Quizplus · Accepted Answer

The Answer of  Refer to the graph. If the interest rate rises from 2 percent to 3 percent, the supply of money must have
A) decreased by $50 billion. 
B) decreased by $100 billion. 
C) decreased by $150 billion. 
D) increased by $50 billion.

Refer to the Graph