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9. (04.07 MC) A real rate of interest lying above the equilibrium level corresponds to what situation in the loanable funds market? (2 points) Quantity

9. (04.07 MC) A real rate of interest lying above the equilibrium level corresponds to what situation in the loanable funds market? (2 points) Quantity demanded exceeds quantity supplied, and the real interest rate will rise. Borrowing exceeds saving, and the nominal interest rate will rise. Quantity supplied exceeds quantity demanded, and the real interest rate will fall. Borrowing equals lending, and the nominal interest rate will not change. Quantity demanded equals quantity supplied, and the real interest rate will not change

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