Refer to the graph above. If the supply of money was $200 billion, the interest rate would be:
A) 1 percent
B) 2 percent
C) 3 percent
D) 4 percent

Name: Refer to the graph above. If the supply of money was $200 billion, the interest rate would be: A) 1 percent B) 2 percent C) 3 percent D) 4 percent
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Question

Refer to the graph above. If the supply of money was $200 billion, the interest rate would be:
A) 1 percent 
B) 2 percent 
C) 3 percent 
D) 4 percent

Quizplus · Accepted Answer

Looking at the graph, at a supply of $200 billion, the intersection of the supply and demand curves lies at an interest rate of 2 percent.

Refer to the Graph Above