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In the Above Figure, the Equilibrium Interest Rate Is --------------------and

Question 16

Multiple Choice

  In the above figure, the equilibrium interest rate is <sub>--------------------</sub>and the equilibrium quantity of money is ________ trillion. A) 4 percent; $1.2 B) 4 percent; $0.6 C) 8 percent; $0.6 D) 8 percent; $1.2 E) 0 percent; $1.2
In the above figure, the equilibrium interest rate is --------------------and the equilibrium quantity of money is ________ trillion.


A) 4 percent; $1.2
B) 4 percent; $0.6
C) 8 percent; $0.6
D) 8 percent; $1.2
E) 0 percent; $1.2

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