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please refer to image Suppose that the real money demand function is as follows: P M = 400 + 0.5Y - 400i where Y is

please refer to image

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Suppose that the real money demand function is as follows: P M = 400 + 0.5Y - 400i where Y is real output, P is the price level, i is the nominal interest rate on nonmonetary assets, and monetary assets earn no interest. Use the above information to answer questions 26-30. Question 26 (1 point) Assume that Y = 2000, r = 0. 06, me = 0. 04 and that the asset market is in equilibrium. What are the velocity of money and the value of K in the quantity theory of money, respectively? OV = 0. 68 and k = 1.47 OV = 1. 80 and k = 0.56 OV = 1.47 and k = 0. 68 OV = 0. 56 and k = 1. 80

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