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Suppose the price level for the economy is fixed at P = 1.0. If real GDP is 100 and the nominal interest rate equals 10

Suppose the price level for the economy is fixed at P = 1.0. If real GDP is 100 and the nominal interest rate equals 10 percent (i.e. i=10). What is the quantity of money demanded in the economy?

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The money demand curve for an economy is given by the following equation. Md = P*(1.5Y - 5i) Suppose the price level for the economy is fixed at P = 1.0. If real GDP is 100 and the nominal interest rate equals 10 percent (i.e. i=10). What is the quantity of money demanded in the economy? O 200 O 150 O 100 O 50 O 10

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