Question: Answer the question based on the following information: For transactions, households and businesses want to hold an amount of money equal to oneihalf of nominal

 Answer the question based on the following information: For transactions, households

Answer the question based on the following information: For transactions, households and businesses want to hold an amount of money equal to oneihalf of nominal GDP. The table shows the amounts of money they want to hold as an asset at various interest rates, If nominal GDP is $300 and the supply of money is $230. the equilibrium interest rate will be Interest Amount of Money Demanded Rate as an Asset: Multiple Choice 0 ID percent, 2 percent, 8 percent 000 4 percent

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