Question: (Advanced analysis) Assume the equation for the total demand for money is L = 0.4 Y + 80 4 i , where L is the

(Advanced analysis) Assume the equation for the total demand for money isL= 0.4Y+ 80 4i, whereLis the amount of money demanded,Yis gross domestic product, andiis the interest rate. If gross domestic product is $250 and the interest rate is 9 percent, what amount of money will society want to hold?

Multiple Choice

168.
250.
180.
144.
125.

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