Question: The demand for money is given by Md = $Y (0.3 - i), where nominal income $Y = 100 and the supply of money is

The demand for money is given by Md = $Y (0.3 - i), where nominal income $Y = 100 and the supply of money is $30. If the central bank sets the targeted interest rate at 10%, what is the new money supply? a. $20 b. $25 c. $15 d. $35

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