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Remaining Time: 2 hours, 01 minute, 11 seconds. s Question Completion Status: Gi

ID: 1151290 • Letter: R

Question

Remaining Time: 2 hours, 01 minute, 11 seconds. s Question Completion Status: Given the supply of and demand for money below,i interest rates are at "T low, then: Nominal Interest Rate Money Supply Money Demand Quantity of Money O a. Quantity of interest-bearing assets supplied is greater than quantity demand Ob. Quantity of interest-bearing assets demanded is greater thae quantity supplied. O c. Quantity of money demanded is less than quantity of money supplied. Od. Interest rates tend to decrease. Click Save and Submit to sove and submit. Click Save All Answers to sove all answers

Explanation / Answer

Solution: quantity if interest-bearing assets is greater than quantity demanded

Explanation: If the quantity of money supplied is greater than the quantity of money demanded, then the interest rate will interest rates are lower than what individuals consider normal