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Nominal Interest Rate (% per year) Quantity of Money Money Supply ($M) Demand ($M) 1.8 3.0 5.4 3.0 3.0 3.0

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Nominal Interest Rate (% per year) Quantity of Money Money Supply ($M) Demand ($M) 1.8 3.0 5.4 3.0 3.0 3.0

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