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If the supply of money exceeds the demand for money in the economy shown above, which of the following statements is most likely true? The

If the supply of money exceeds the demand for money in the economy shown above, which of the following statements is most likely true? The nominal interest rate is lower than r1 and will increase. The nominal interest rate is lower than r1 and will decrease. The nominal interest rate is higher than r1 and will decrease. The nominal interest rate is higher than r1 and will increase. The money supply will decrease until it meets demand

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