In a particular economy the real money demand function is Ma P 3,300+ 0.10Y-8,000i. Assume that...

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In a particular economy the real money demand function is Ma P 3,300+ 0.10Y-8,000i. Assume that M = 7,000, P = 2, and ² = 0.01. Determine the real interest rate, r, that clears the asset market when Y= 8,000. (Enter your answer in decimals, rounded to three decimal places.) r= This determines point A in the graph that you will draw. 0.35 0.30- 0.25- 0.20- 0.15- 0.10- 0.05- 0.00+ Real Interest Rate 7.00 7.50 8.00 8.50 9.00 9.50 Output (thousands) 10.00 In a particular economy the real money demand function is Ma P 3,300+ 0.10Y-8,000i. Assume that M = 7,000, P = 2, and ² = 0.01. Determine the real interest rate, r, that clears the asset market when Y= 8,000. (Enter your answer in decimals, rounded to three decimal places.) r= This determines point A in the graph that you will draw. 0.35 0.30- 0.25- 0.20- 0.15- 0.10- 0.05- 0.00+ Real Interest Rate 7.00 7.50 8.00 8.50 9.00 9.50 Output (thousands) 10.00