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-Assuming That Figure 7

Question 1

Multiple Choice

  -Assuming that Figure 7.1 is a market for money that can be borrowed or saved, Box 6 is  A)  $  for the amount borrowed/saved. B)  $*  for the equilibrium amount borrowed/saved. C)  r  for interest rate. D)  r*  for equilibrium interest rate.
-Assuming that Figure 7.1 is a market for money that can be borrowed or saved, Box 6 is


A) "$" for the amount borrowed/saved.
B) "$*" for the equilibrium amount borrowed/saved.
C) "r" for interest rate.
D) "r*" for equilibrium interest rate.

Correct Answer:

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