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The demand for money is given by Md = $Y (0.3 - i), where RY = 120 and the supply of money is R30. a.

The demand for money is given by Md = $Y (0.3 - i), where RY = 120 and the supply of money is R30.

a. What is the equilibrium interest rate?NB!write 20if you think the answer is 20,10if you think its 10,etc.

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