7. Which of the following events will definitely lead to an increase in the equilibrium interest rate?
A. a decrease in the level of output (real GDP)
B. the purchase of government securities by the Bank of Canada
C. an increase in the level of output (real GDP) and an increase in the money supply
D. the sale of government securities by the Bank of Canada
The sale of government securities by the Bank of Canada will definitely lead to an increase in the equilibrium interest rate.
Question
Asked 9/30/2012 11:44:33 PM
Updated 1/6/2017 11:00:16 AM
1 Answer/Comment