Question: Use the following table to answer the next question. Asset Interest Transaction Demand for Money Rate Demand for Money Money supply 2% $220 $306 $460


Use the following table to answer the next question. Asset Interest Transaction Demand for Money Rate Demand for Money Money supply 2% $220 $306 $460 4 226 286 460 6 220 266 460 220 246 460 10 226 226 460 The equilibrium interest rate is Multiple Choice O 2 percent. O 4 percent. O 6 percent. O 8 percent
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