Refer to the information provided in Figure 11.3 below to answer the questions that follow.
Figure 11.3
-Refer to Figure 11.3.At an interest rate of 3%,there is a

Question

Refer to the information provided in Figure 11.3 below to answer the questions that follow.
  Figure 11.3
-Refer to Figure 11.3.At an interest rate of 3%,there is a

Quizplus · Accepted Answer

At an interest rate of 3%, if there is a shortage of money, the demand for money exceeds the supply, causing the interest rate to rise as people are willing to pay more to borrow money.

Refer to the Information Provided in Figure 11