Business, 27.09.2019 16:30 rdrboo

Assume the equation for the total demand for money is l = 0.4y + 80 p- 4i, where l is the amount of money demanded, y is gross domestic product, and i is the interest rate. if gross domestic product is $200 and the interest rate is 10 (percent), what amount of money will society want to hold?
a. $200
b. $120
c. $320
d. $160

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Assume the equation for the total demand for money is l = 0.4y + 80 p- 4i, where l is the amount of...

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