If people attempt to sell bonds because of excess money demand, then the interest rate will:
a. rise.
b. fall.
c. remain unchanged
d. react unpredictably.
a
Economics
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A firm's sunk costs are $100,000 and its marginal costs are $250 per unit. It produces 500,000 units and prices it at $400 per unit., How low can price go before the firm decides to shut down?
a. $150 b. $250 c. $250.20 d. $400
Economics
A good that is neither rival nor exclusive is called
a. a private good b. a public good c. a quasi-private good d. an external good e. an open access good
Economics