Using the data in the table below, answer the following questions. (Hint: draw a graph when possible) Interest Rate% Money Demand (billions of dollars) 18 140 17 160 16 180 15 200 14 240 13 300 12 360 11 440 10 540 Assume that the money supply is equal to 200 (do not use % signs in your answers) Part 1 What is the equlibrum rate of interest? Number Assume that the money supply is equal to 200 (do not use % signs in your answeru) Part 1: What is the equilibrium rate of Interest? Number Part 2: Assume that the Bank of Canada buys bonds and increases the money supply to 360 What is the equilibrium rate of interest? Number by 60 billion. If the money supply in 120, what is the equilibrium rate of Part 3: A fall in income causes the demand for money to Click for LIM interest? Number Part 4: Assuming the change in part 3, if money supply is 380, what is the equilibrium rate of interest ? Number Part 5: An increase in income causes the transaction demand for money to Click for List by 40 billion at each interest rate. (Assume the change in part 3 did not occur. Given a money supply of 200, what is the equilibrium rate of interest? Number Part 6: Given the change in part 5. Il money supply is 340, what is the equilibrium rate of interest? Number 5000, what is the equilibrium rate of interest ? Number on demand for money to Click for List by 40 billion at umber pply of 200, what is the eq increase ly is 340, what is the equili decrease no change mber