Question 5 [6 points] Assume that the followmg data characterize a hypothetical economy' money supply : $100 billion; quantity ot money demanded for transactions : $75 billion; quantity of money demanded as an asset: $15 billion at? percent interest, increasing by $5 billion tor each 2-percentage point fall In the interest rate a) What is the equilibrium interest rate? Equilibrium interest rate : Ell: I b) At the equilibrium interest rate, what is the qua ntity oi money supplied? Money supplied : SQ billion I c) At the equilibrium interest rate, what is the total quantrly oi money dema nded'? Money demanded : 3' billion I d) At the equilibrium interest rate, what is the qua idity oi money demanded for transactions? Money demanded for tiansactions : 3! billion at Al the equilibrium interest rate, what is the quantity of money demanded as an asset" Money demanded as an asset: 5E billion