Multiple Choice
-The above table has the demand and supply schedules for money.Real GDP increases and, as a result, the demand for money increases by $0.2 trillion at each level of the nominal interest rate.The new equilibrium interest rate is
A) 3 percent.
B) 4 percent.
C) 5 percent.
D) 6 percent.
E) 2 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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