-The above table has the demand and supply schedules for money.If the Reserve Bank increases the quantity of money by $0.1 trillion,the new equilibrium nominal interest rate is
A)6 per cent.
B)5 per cent.
C)8 per cent.
D)7 per cent.
E)9 per cent.

Question

-The above table has the demand and supply schedules for money.If the Reserve Bank increases the quantity of money by $0.1 trillion,the new equilibrium nominal interest rate is
A)6 per cent. 
B)5 per cent. 
C)8 per cent. 
D)7 per cent. 
E)9 per cent.

Quizplus · Accepted Answer

The Answer of 
-The above table has the demand and supply schedules for money.If the Reserve Bank increases the quantity of money by $0.1 trillion,the new equilibrium nominal interest rate is
A)6 per cent. 
B)5 per cent. 
C)8 per cent. 
D)7 per cent. 
E)9 per cent.

-The Above Table Has the Demand and Supply Schedules for Money.If