Question: Suppose the liquidity preference function is given by For the data given in the table below, calculate velocity using Equation 2. L(i, Y) Y 8

Suppose the liquidity preference function is given by

L(i, Y) Y 8 - 1,000i.

For the data given in the table below, calculate velocity using Equation 2.

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L(i, Y) Y 8 - 1,000i.

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