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If the interest rate was at below equilibrium, people would: sell bonds, which would cause bond prices to fall and the interest rate to rise

If the interest rate was at below equilibrium, people would:

sell bonds, which would cause bond prices to fall and the interest rate to rise

buy bonds, which would cause bond prices to fall and the interest rate to rise

sell bonds, which would cause bond prices to rise and the interest rate to rise

sell bonds, which would cause bond prices to fall and the interest rate to fall

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