If the quantity of money demanded is less than the quantity of money supplied, then the:
A. interest rate stays the same.
B. interest rate will increase.
C. interest rate will decrease.
D. effect on the interest rate is indeterminate.
Answer: C
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Answer the following statement true (T) or false (F)
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a. True b. False Indicate whether the statement is true or false
Assume that in a price-fixing game, if Player A breaks the agreement in the first year, she earns $11 while Player B earns $5 . However, if Player A breaks the agreement once, Player B decides to break the agreement for eternity, leaving each to receive $8 per year for the rest of their lives. If they both keep the agreement each receives $9 per year for the rest of their lives. If the discount
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