Please assist for a, b, c and d

23. The diagram shows the demand for money in an economy (where the horizontal axis is in billions of dollars and 90 80 vertical axis is an index of the purchasing power value of Value of Money 70 money). 60 a) If the supply of money in this economy is $3 billion, 50 sketch the supply of money curve. [3 points] 40 30 b) Illustrate on your diagram a 50 percent increase in the 20 money supply. [2 points] 10 c) What is the new value of the index of the value of 1 2 3 4 5 6 7 8 9 money? [2 points] Quantity of Money d) If there are no other changes in the economy, how much will be the ensuing increase in the price level? [3 points]