Q2. Use the table below to answer the questions: (4 Marks) Interest rate (in %) Asset demand (billions) 14 13 12 11 $200 300 400 500 (a) If the transactions demand for money equals 10% of nominal GDP, nominal GDP is $800 billion, and the money supply is $480 billion, what is the equilibrium interest rate? (b) If nominal GDP remains constant, and the money supply is decreased from $480 to $380 billion, what will the equilibrium rate of interest be?