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Che Use the following data that describe market conditions to answer two questions. Money supply (in billions) $100 $200 $300 $400 $500 $600 $700 Interest

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Che Use the following data that describe market conditions to answer two questions. Money supply (in billions) $100 $200 $300 $400 $500 $600 $700 Interest rate 3.0% 2.5% 2.0% 1.5% 1.0%. 0.5% 0.5% Rate of investment (in billions) $11 $11 $14 $15 $15.5 $15.5 $15.5 eBook Ask Print References Instructions: Enter your responses as a percentage rounded to one decimal place. a. At what rate of interest does the liquidity trap emerge? % b. At what rate of interest does investment demand become totally inelastic? %

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