when the interest rate on a bond is above the equilibrium interest rate in the bond 637887

1) When the interest rate on a bond is above the equilibrium interest rate, in the bond market there is excess ________ and the interest rate will ________.

A) demand; rise

B) demand; fall

C) supply; fall

D) supply; rise

2) When the interest rate on a bond is ________ the equilibrium interest rate, in the bond market there is excess ________ and the interest rate will ________.

A) above; demand; rise

B) above; demand; fall

C) below; supply; fall

D) above; supply; rise

3) A situation in which the quantity of bonds supplied exceeds the quantity of bonds demanded is called a condition of excess supply; because people want to sell ________ bonds than others want to buy, the price of bonds will ________.

A) fewer; fall

B) fewer; rise

C) more; fall

D) more; rise