Question
If the interest rate on Treasury bills is lower than the overnight loans rate, the quantity of overnight loans supplied ______ and the demand for
If the interest rate on Treasury bills is lower than the overnight loans rate, the quantity of overnight loans supplied ______ and the demand for Treasury bills ______.
The price of Treasury bills
falls
rises
and the interest rate
rises
falls
.
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
