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Assume that the following data characterize a hypothetical economy: money supply = $200 billion; quantity of money demanded for transactions = $150 billion; quantity of

Assume that the following data characterize a hypothetical economy: money supply = $200 billion; quantity of money demanded for transactions = $150 billion; quantity of money demanded as an asset = $20 billion at 10 percent interest, increasing by $10 billion for each 2-percentage point fall in the interest rate. Please tell me the process.

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