Suppose that money demand is given by M SY(0.25-0.81) where $Y is $80. If the Federal...

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Suppose that money demand is given by M SY(0.25-0.81) where $Y is $80. If the Federal Reserve sets an interest rate target of 8%, the money supply it must create is $14.88. (Round your response to two decimal places.) If the Federal Reserve wants to increase the interest rate i from 8 to 12%, the new level of the money supply it must set is $ . (Round your response to two decimal places.) Suppose that money demand is given by M SY(0.25-0.81) where $Y is $80. If the Federal Reserve sets an interest rate target of 8%, the money supply it must create is $14.88. (Round your response to two decimal places.) If the Federal Reserve wants to increase the interest rate i from 8 to 12%, the new level of the money supply it must set is $ . (Round your response to two decimal places.)