In Figure 4.3, the factor responsible for the decline in the interest rate is
A. a decline in the price level.
B. a decline in income.
C. an increase in the money supply.
D. a decline in the expected inflation rate.
Answer:C
In Figure 4.3, the factor responsible for the decline in the interest rate is
A. a decline in the price level.
 B. a decline in income.
 C. an increase in the money supply.
 D. a decline in the expected inflation rate.
