Please answer it's due by 11:20am

Assume that the following data characterize the hypothetical country Haringland: money supply = $550 billion; quantity of money demanded for transactions = $350 billion; quantity of money demanded as an asset = $100 billion at 8 percent interest, increasing by $50 billion for each 1-percentage-point fall in the interest rate. a) Fill in the table with interest rates and Demand & Supply for money, and determine the equilibrium interest rate Interest rate Demand for Money Supply of Money 8% 7% 6% 5% 4% b) Draw the graph of demand and supply of money, with money on the x-axis and interest rate on the y-axis (you can paste here, or upload as a separate file) Answer: More information about the economy: Consumption is $600, Government spending is $150 and Net exports are $50. Investments depend on interest rates: at an interest rate of 8%, investments will be $100 billion, increasing by $25 billion for each 1-percentage-point fall in the interest rate. To calculate the Real GDP, use the expenditures approach, so: GDP = CAJJG+Xq For the impact of the investments on the real GDP, you should use an expenditure multiplier of 2. c) Continue to fill in the table: Interest Investment Impact on GDP (incl. Real GDP rate multiplier effect) 8% 7% 6% 4%