9 If the interest rate is above the equilibrium rate, there is an excess of money. People
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9 If the interest rate is above the equilibrium rate, there is an excess of money. People will bonds, and the interest rate will .
■
a. demand; sell; rise
■
b. demand; sell; drop
■
c. demand; buy; drop
■
d. supply; buy; drop
■
e. supply; sell; rise
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