Suppose that the real demand for money is given by Md /P = 60 + .5Y - 3000(r + e ), where Y = 3000, and e = .05. a. (10 points) Draw an accurate graph of the relationship between the quantity of real money demanded (Md /P on the horizontal axis) and the real interest rate (r on the vertical axis). 2 b. (10 points) Suppose that the value of the price level in the economy P=4, and the nominal money supply is given by M = 4400. Find the real interest when money market is in equilibrium.