help The equilibrium price on the market for bonds is $900, and the equilibrium quantity is 1.2million. If the current price of a bond is $960, then:Select one:OA.there is an excess demand for bonds, and the interest rate will decrease.В.there is an excess supply of bonds, and the interest rate will increase.С.there is an excess demand for bonds, and the interest rate will increase.OD.there is an excess supply of bonds, and the interest rate will decrease.

Equilibrium price $900 Equilibrium quantity is 1.2 million. Current price is $960. Higher than the…

The equilibrium price on the market for bonds is $900, and the equilibrium quantity is 1. million. If the current price of a bond is $960, then: Select one: O A. there is an excess demand for bonds, and the interest rate will decrease.

The equilibrium price on the market for bonds is $900, and the equilibrium quantity is 1. million. If the current price of a bond is $960, then: Select one: O A. there is an excess demand for bonds, and the interest rate will decrease.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter26: Monetary Policy

Section: Chapter Questions

Problem 1P

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.

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help

The equilibrium price on the market for bonds is $900, and the equilibrium quantity is 1.2
million. If the current price of a bond is $960, then:
Select one:
OA.
there is an excess demand for bonds, and the interest rate will decrease.
В.
there is an excess supply of bonds, and the interest rate will increase.
С.
there is an excess demand for bonds, and the interest rate will increase.
OD.
there is an excess supply of bonds, and the interest rate will decrease.

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