3. Consider the equilibrium in the money market (only the money market model, not the model integrated with the FX market, so that the real money is on the horizontal axis, not on the vertical axis.) Home price rose. Regarding what would happen in the market, choose correct words below. \"The price increase would shift the real money (demand / supply) curve to the (left / right). The shift would (lower / raise) the equilibrium interest rate.\" Equilibrium in the Money Market Substitute Md = P * L(R, Y) into MS = Mad MS = P * L(R, Y) => MS/P = L( R, Y) Equilibrium: The quantity of real monetary assets supplied matches The quantity of real monetary assets demanded