Figure 21-1
-Refer to Figure 21-1. If the current interest rate is 2 percent,
A)there is an excess supply of money.
B)people will sell more bonds, which drives interest rates up.
C)as the money market moves to equilibrium, people will buy more goods.
D)All of the above are correct.

Question

Figure 21-1 
-Refer to Figure 21-1. If the current interest rate is 2 percent,
A)there is an excess supply of money. 
B)people will sell more bonds, which drives interest rates up. 
C)as the money market moves to equilibrium, people will buy more goods. 
D)All of the above are correct.

Quizplus · Accepted Answer

The Answer of Figure 21-1 
-Refer to Figure 21-1. If the current interest rate is 2 percent,
A)there is an excess supply of money. 
B)people will sell more bonds, which drives interest rates up. 
C)as the money market moves to equilibrium, people will buy more goods. 
D)All of the above are correct.

Figure 21-1 -Refer to Figure 21-1. If the Current Interest Rate Is