5:00 Transaction demand Asset demand F Rag Interest rate DI Da Sml Sm2 Sm3 question 8% 200 2840 9% 200 2900 3040 2760 2700 2900 3040 2760 Time left 0:11:35 10% 200 2560 2900 11% 3040 2760 200 2420 2900 3040 2760 A. At money supply level of $ 2900, what is the equilibrium interest rate? 9 %% [Write the number without %] B. If the central bank decided to change the money supply to 2760, what will be the equilibrium interest rate? 10 % [Write the number without %] C. Assume the monetary multiplier is 7. The central bank desires to decrease the money supply from 2900 to 2760, how much of government securities should the central bank sell? $ 4.28 billion [Round your answer to the nearest two digits] D. At interest level 1 1% and money supply of $ 2900 billion, how much would be the surplus in the money market? $ 319 billion [In absolute value]