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 rise.
B) there is a $0.1 trillion excess quantity of money and the interest rate will fall.
C) the money market is in equilibrium and the interest rate will remain constant.
D) there is a $0.1 trillion excess demand for money and the interest rate will rise.
C
Economics
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Explain the difference between a positive production externality and a positive consumption externality
What will be an ideal response?
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The infant-industry argument is often criticized because
A) it is difficult to determine which industry merits protection. B) it reduces government revenues in the short term. C) it reduces the employment rate. D) it reduces labor productivity in the short term.
Economics