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Suppose the money-demand equation is: MD= P * [(0.125* Y) (75*i ). Initially, the data is given at: P=2; Y=8,000, and i =6. Determine the

Suppose the money-demand equation is: MD= P * [(0.125* Y) (75*i ).

Initially, the data is given at: P=2; Y=8,000, and i =6.

Determine the MD. If Y falls to 7,600 and price level does not change, what will be the new M.

How much is the change in the money supply, did it increase or decrease

please show process on calculations

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