-In the figure above, if the interest rate is 6 percent,
A) there is a $0.1 trillion excess quantity of money and the interest rate will fall.
B) the money market is in equilibrium and the interest rate will remain constant.
C) there is a $0.1 trillion excess demand for money and the interest rate will rise.
D) there is a $0.1 trillion excess quantity of money and the interest rate will rise.

Question

-In the figure above, if the interest rate is 6 percent,
A) there is a $0.1 trillion excess quantity of money and the interest rate will fall. 
B) the money market is in equilibrium and the interest rate will remain constant. 
C) there is a $0.1 trillion excess demand for money and the interest rate will rise. 
D) there is a $0.1 trillion excess quantity of money and the interest rate will rise.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, if the interest rate is 6 percent,
A) there is a $0.1 trillion excess quantity of money and the interest rate will fall. 
B) the money market is in equilibrium and the interest rate will remain constant. 
C) there is a $0.1 trillion excess demand for money and the interest rate will rise. 
D) there is a $0.1 trillion excess quantity of money and the interest rate will rise.

-In the Figure Above, If the Interest Rate Is 6