use the intormation below to answer questions $15-18$ Money demand is given by $\backslash \backslash ($ M$^\{$d$\}=$P $\backslash \backslash$times$(500+0\mathrm{.}5$ Y$-500$ i$)\backslash \backslash )$ Where $\backslash$Y$=3000,$r$=4$ Question $15(4$ points$)$ Question $15$: What is the real money demand? A$.$ less than or equal to $1600$ B$.$ greater than $1600$ and less than or equal to $1700$ C$.$ greater than $1700$ and less than or equal to $1800$ D$.$ greater than $1800$ and less than or equal to $1900$ E$.$ greater than $1900$ Question $16(4$ points$)$ Question $16$: If the money supply is $3900,$ what is the equilibrium price that clears the asset market? A$.$ less than or equal to $1\mathrm{.}5$ B$.$ greater than $1\mathrm{.}5$ and less than or equal to $1\mathrm{.}7$ C$.$ greater than $1\mathrm{.}7$ and less than or equal to $1\mathrm{.}9\backslash$r

Question $17$: Other things held unchanged $($e$.$g$.,$ money supply fixed at $3900),$ now the output level increases to $4000,$ what is the new equilibrium price that clears the asset market? A$.$ less than or equal to $1\mathrm{.}5$ B$.$ greater than $1\mathrm{.}5$ and less than or equal to $1\mathrm{.}7$ C$.$ greater than $1\mathrm{.}7$ and less than or equal to $1\mathrm{.}9$ D$.$ greater than $1\mathrm{.}9$ and less than or equal to $2\mathrm{.}1$ E$.$ greater than $2\mathrm{.}1$ Question $18(4$ points$)$ Question $18$: Other things held unchanged $($e$.$g$.,$ output