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If the Interest Rate Is Above Equilibrium, The

Question 9

Multiple Choice

If the interest rate is above equilibrium, the:


A) quantity of money demanded would be greater than the quantity of money supplied.
B) quantity of money demanded would be less than the quantity of money supplied.
C) supply of money would increase and the demand for money would decrease.
D) demand for money would increase and the supply of money would decrease.

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