Multiple Choice
Below is some data concerning the money market?
-Refer to the information above to answer this question.If equilibrium national income is $680 and the transaction demand for money is 10 percent of national income and the equilibrium interest rate is 7 percent then what is the supply of money?
A) $149.
B) $142.
C) $135.
D) $128.
E) $121.
Correct Answer:
Verified
Correct Answer:
Verified
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