ctice: Knowledge Check [due day 5] i Saved Help Save & Ex Asset Demand for Money Interest Rate Billions ) $200 300 400 500 Suppose that the transactions demand for money is equal to 20 percent of the nominal GDP, the supply of money is $800 billion, and the asset demand for money is that shown in the table. If the nominal GDP is $2,000 billion, the equilibrium interest rate is Multiple Choice O 4 percent. O 5 percent. O 6 percent. O 7 percent. MacBook Air