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text Below is some data concerning the money market? Rate of Interest Asset Demand for Money Transactions Demand for Money 4% $100 $70 5% 90
text Below is some data concerning the money market? Rate of Interest Asset Demand for Money Transactions Demand for Money 4% $100 $70 5% 90 70 6% 80 70 7% 70 70 8% 60 70 Refer to the information above to answer this question. If the supply of money is $130, what is the value of the equilibrium interest rate?a. 5%. b. 8%. c. 7%. d. 4%. e. 6%
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