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Business, 24.12.2019 19:31 angieinthehouse45

3. if the is curve is given by y= 1700-100r, the money demand function is given by (m/p) = y-100r, the money supply is 1000, and the price level is 2, then if the money supply is raised to 1200, equilibrium income rises bya) 200 and the interest rate falls by 2 percentb) 100 and the interest rate falls by 1 percentc) 50 and the interest rate falls by 0.5 percentd) 200 and the interest rate remains unchanged

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3. if the is curve is given by y= 1700-100r, the money demand function is given by (m/p) = y-100r, t...
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