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The demand for money of an economy is Md=$Y(0.5-4i),the reserveratio of this economy is 0.1. If the Central Banks wants to fix the interest rate
The demand for money of an economy is Md=$Y(0.5-4i),the reserveratio of this economy is 0.1. If the Central Banks wants to fix the interest rate at 5% the the suppyof Central Bank's money (Hs) should be
a)It cannot be computed with the data available
b)240
c)1400
d)2400
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