3. Refer to the following table on the Money Market. Interest rate Demand for Money Supply of Money (peroent) (billions of dollars) (billions of dollars) 200 a. Determine the equilibrium interest rate using the data table above. b. Suppose the Central Bank increases the money supply by $100 billion. Show the effect on equilibrium interest rate by sketching the Money Market diagram. [Note: Be sure to indicate the essential values i.e. Equilibrium points and the respective interest rate and quantity of money] 4. Explain how the Central Bank would use discount rate as a tool of monetary policy to stimulate economic growth during a recession. Illustrate the impact on the interest rate, general price level and real GDP by sketching the Money Market and AD-AS diagrams. 5. Explain how the Central Bank would use Open Market Operations as a tool of monetary policy to curb serious ination. Illustrate the impact on the interest rate, general price level and real GDP by sketching the Money Market and AD-AS diagrams