Business, 21.04.2020 21:59 bettyrose69

13) Real money demand in the economy is given by L = 0.5Y - 2500i, where Y is real income and i is the nominal interest rate. In equilibrium, real money demand L equals real money supply M/P. Suppose that Y equals 1000 and the real interest rate is 0.02. What is the maximum amount of seigniorage revenue

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13) Real money demand in the economy is given by L = 0.5Y - 2500i, where Y is real income and i is t...

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