Suppose That in Mysore, the Reserve-Deposit Ratio Is Res =

Suppose that in Mysore, the reserve-deposit ratio is res = 0.5 - 2i, where i is the nominal interest rate. The currency-deposit ratio is 0.2 and the monetary base equals 100. The real quantity of money demanded is given by the money demand function L(Y, i) = 0.5Y - 10i, where Y is real output. Currently, the real interest rate is 5% and the economy expects an inflation rate of 5%. Assume that the price level P is equal to 1. The value of output Y that clears the asset market is

A) 240.
B) 460.
C) 480.
D) 482.