Multiple Choice
Use the following to answer questions :
Figure: Equilibrium in the Money Market 
-(Figure: Equilibrium in the Money Market) Look at the figure Equilibrium in the Money Market. If the interest rate is above equilibrium, there will be an excess _____ money and the interest rate will _____.
A) demand for; rise
B) supply of; fall
C) demand for; fall
D) supply of; rise
Correct Answer:
Verified
Correct Answer:
Verified
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