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Money demand in an economy in which no interest is paid on money is M d 1004.02000 iY P (a) You know that P =

Money demand in an economy in which no interest is paid on money is

M

d

1004.02000

iY

P

(a) You know that P = 100, Y = 1000, and I = 0.10 . Find real money demand, nominal money demand

and velocity

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