If the interest rate is above the equilibrium value, the: a) demand for real balances exceeds the supply. b) supply of real balances exceeds the demand. c) market for real balances clears. d) demand for real balances increases.
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Home » Business » If the interest rate is above the equilibrium value, the: a) demand for real balances exceeds the supply. b) supply of real balances exceeds the demand. c) market for real balances clears. d) demand for real balances increases.