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Below Is Some Data Concerning the Money Market

Question 40

Multiple Choice

Below is some data concerning the money market?
Below is some data concerning the money market?    -Refer to the information above to answer this question.If the transaction demand for money is 10 percent of equilibrium national income which is 700 and the equilibrium interest rate is 6 percent then which of the following is true? A) The supply of money must be $142. B) The transactions demand for money must be $72. C) The supply of money must be $149. D) The supply of money must be $135.
-Refer to the information above to answer this question.If the transaction demand for money is 10 percent of equilibrium national income which is 700 and the equilibrium interest rate is 6 percent then which of the following is true?


A) The supply of money must be $142.
B) The transactions demand for money must be $72.
C) The supply of money must be $149.
D) The supply of money must be $135.

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