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(e). Suppose in 2021Q3 that the propensity to hold money reaches = k = 0.00095 rather than staying at its 2021Q1 level of $18.4 trillion.

(e). Suppose in 2021Q3 that the propensity to hold money reaches = k = 0.00095 rather than staying at its 2021Q1 level of $18.4 trillion. Given the current money supply of $19 trillion and expected $19.8 trillion GDP and 1.17 deflator, if the Fed wants to keep the interest rate at 0.1 percent (i = 0.001), how much money should it inject or withdraw from the money market? Please express your answer in trillions of dollars, round it to one digit after the decimal point, and show your calculations.

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