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Exhibit 15-2 -Refer to Exhibit 15-2. If the Interest Rate Is I1

Question 25

Multiple Choice

Exhibit 15-2
Exhibit 15-2 -Refer to Exhibit 15-2. If the interest rate is i<sub>1</sub> and the relevant money supply curve is S<sub>2</sub>,then there is a A) shortage of money between points B and A. B) surplus of money between points B and A. C) surplus of money between points C and D. D) shortage of money between points C and D.
-Refer to Exhibit 15-2. If the interest rate is i1 and the relevant money supply curve is S2,then there is a


A) shortage of money between points B and A.
B) surplus of money between points B and A.
C) surplus of money between points C and D.
D) shortage of money between points C and D.

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