-The above table has the demand and supply schedules for money.Real GDP increases and,as a result,the demand for money increases by $0.1 trillion at each level of the nominal interest rate.The new equilibrium interest rate is
A)3 per cent.
B)2 per cent.
C)5 per cent.
D)7 per cent.
E)10 per cent.

Question

-The above table has the demand and supply schedules for money.Real GDP increases and,as a result,the demand for money increases by $0.1 trillion at each level of the nominal interest rate.The new equilibrium interest rate is
A)3 per cent. 
B)2 per cent. 
C)5 per cent. 
D)7 per cent. 
E)10 per cent.

Quizplus · Accepted Answer

The Answer of 
-The above table has the demand and supply schedules for money.Real GDP increases and,as a result,the demand for money increases by $0.1 trillion at each level of the nominal interest rate.The new equilibrium interest rate is
A)3 per cent. 
B)2 per cent. 
C)5 per cent. 
D)7 per cent. 
E)10 per cent.

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