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.

Figure 14-8 -Refer to Figure 14-8.At an Interest Rate of 4 Percent