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Below Is Some Data Concerning the Money Market

Question 126

Multiple Choice

Below is some data concerning the money market?
Below is some data concerning the money market? -Refer to the information above to answer this question.If the transactions demand for money is 10 percent of national income and the supply of money is $135 then what would be the equilibrium interest rate? A) 4%. B) 5%. C) 6%. D) 7%. E) 8%.
-Refer to the information above to answer this question.If the transactions demand for money is 10 percent of national income and the supply of money is $135 then what would be the equilibrium interest rate?


A) 4%.
B) 5%.
C) 6%.
D) 7%.
E) 8%.

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