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valputin valputin
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Posts: 5754
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8 years ago
If the interest rate on a bond is below the equilibrium interest rate, there is an excess ________ of bonds and the bond price will ________.
A) demand; rise
B) supply; rise
C) demand; fall
D) supply; fall
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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