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May you please provide your calculations too, thanks in advance 7. Suppose in an economy C = 100 + 0.8Y, I = 300 - 500i,

May you please provide your calculations too, thanks in advance

7. Suppose in an economy C = 100 + 0.8Y, I = 300 - 500i, Ms = 500 and Md = 900 - 5000i. For simplicity, there is no government or net export. What is the equilibrium interest rate? A) 10% B) 9% C) 8% D) 11%

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