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$Y = $50,000 W = $60,000 Md = $Y (20-1) i =? cud = .204 Dd =? DCd = ed = .05Md O = 10

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$Y = $50,000 W = $60,000 Md = $Y (20-1) i =? cud = .204 Dd =? DCd = ed = .05Md O = 10 Rd = OD H = $2,000 a) b) c) Solve for the equilibrium level of interest, and graph the results. What is the multiplier? The authorities wanted to ban digital cash. Do you expect this to increase or decrease the multiplier? Why? Find the demand for bonds. d) $Y = $50,000 W = $60,000 Md = $Y (20-1) i =? cud = .204 Dd =? DCd = ed = .05Md O = 10 Rd = OD H = $2,000 a) b) c) Solve for the equilibrium level of interest, and graph the results. What is the multiplier? The authorities wanted to ban digital cash. Do you expect this to increase or decrease the multiplier? Why? Find the demand for bonds. d)

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