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Both graphs show a demand for money curve. In the left graph, draw a point to show the quantity of money demanded when the
Both graphs show a demand for money curve. In the left graph, draw a point to show the quantity of money demanded when the interest rate is 5 percent. Show the effect of an increase in the nominal interest rate. Draw either an arrow along the curve showing the direction of change, or a new demand for money curve. In the right graph, draw a point to show the quantity of money demanded when the interest rate is 5 percent. Show the effect of an increase in real GDP. Draw either an arrow along the curve showing the direction of change, or a new demand for money curve. >>> Draw only the objects specified in the question. Interest rate (percent per year) 60 55 5.0 45 bra 40- 35+ By MD 27 28 29 30 31 32 33 Real money (trillions of 2009 dollars) Interest rate (percent per year). 657 60 C 55 5.0 45 40 MDo 35+ 27 28 29 30 31 32 33 Real money (trillions of 2009 dollars). G
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