Demand function for real money balance is = 5000 — 200r, where r is the interest rate in percent. The money supply is 1800 and the price level is N$125. Given the information above, equilibrium interest rate in the money ...
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Demand function for real money balance is = 5000 — 200r, where r is the interest rate in percent. The money supply is 1800 and the price level is N$125. Given the information above, equilibrium interest rate in the money ...