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Title: Which of the following statements is TRUE? Post by: prpnum1 on Dec 27, 2022 Which of the following statements is TRUE?
▸ An excess demand for credit exerts an upward pressure on the real rate of interest. ▸ At rates of interest above the equilibrium rate, there is an excess demand for credit. ▸ An excess supply of credit exerts an upward pressure on the real rate of interest. ▸ At rates of interest below the equilibrium rate, there is an excess supply of credit. Title: Which of the following statements is TRUE? Post by: sharonfaith31 on Dec 27, 2022 Content hidden
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