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Suppose that money demand is given by Md = $Y(0.30-1) where $Y is $200 and i denotes the interest rate in decimal form.
Posted: Sun Jul 03, 2022 6:56 am
by answerhappygod
- Suppose That Money Demand Is Given By Md Y 0 30 1 Where Y Is 200 And I Denotes The Interest Rate In Decimal Form 1 (39.97 KiB) Viewed 13 times
Suppose that money demand is given by Md = $Y(0.30-1) where $Y is $200 and i denotes the interest rate in decimal form. Also, suppose that the supply of money is $25. Calculate the equilibrium interest rate as a percent. The equilibrium interest rate is %. (Round your response to two decimal places.)