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Refer to the Graph Above

Question 122

Multiple Choice

Refer to the graph above. If the initial equilibrium interest rate was 5 percent and the money supply increased by $100 billion, then the new interest rate would be: A) 1 percent B) 2 percent C) 3 percent D) 4 percent Refer to the graph above. If the initial equilibrium interest rate was 5 percent and the money supply increased by $100 billion, then the new interest rate would be:


A) 1 percent
B) 2 percent
C) 3 percent
D) 4 percent

Correct Answer:

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