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Business, 13.09.2019 00:10 Hfruit

1. assume that the money demand function is (m / p)d = 2,200 – 200r, where r is the interest rate in percent. the money supply m is 2,000, and the price level p is 2. if the price level is fixed and the supply of money is raised to 2,800, then the equilibrium interest rate will:

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