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Rate of interest (percent) view previous attempt Check r The asset demand for money 'Da' is shown in the graph below. The transactions demand for
Rate of interest (percent) view previous attempt Check r The asset demand for money 'Da' is shown in the graph below. The transactions demand for money is $50 billion. The supply of money is $150 billion. a. Show graphically the total demand for money and the supply of money for this economy. Instructions: Use the tools provided 'Dm' and 'Sm' to draw the total-demand-for-money curve (Dm) and the money supply curve (Sm) for this economy. Plot only the endpoints of the line. 2 0 6 4 14 122 12 10 8 50 50 S D 100 150 200 250 300 350 Tools Dm Sin Instructions: Enter your answer as a whole number. b. What is the equilibrium interest rate? 6 percent
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