Figure 14-8 Refer to Figure 14-8. At an interest rate of 4 percent there is excess
A) money demand equal to the distance between a and b.
B) money demand equal to the distance between b and c.
C) money supply equal to the distance between b and a.
D) money supply equal to the distance between c and b.

Question

Figure 14-8  Refer to Figure 14-8.  At an interest rate of 4 percent there is excess
A) money demand equal to the distance between a and b. 
B) money demand equal to the distance between b and c. 
C) money supply equal to the distance between b and a. 
D) money supply equal to the distance between c and b.

Quizplus · Accepted Answer

The Answer of Figure 14-8  Refer to Figure 14-8.  At an interest rate of 4 percent there is excess
A) money demand equal to the distance between a and b. 
B) money demand equal to the distance between b and c. 
C) money supply equal to the distance between b and a. 
D) money supply equal to the distance between c and b.