Question: What is the solution to number 5? Wk 5 Apply: Quiz [due day 7] 0 Saved Help Save & Exit Submit 5 MC Ou. 36-18

What is the solution to number 5?

What is the solution to number 5? Wk 5 Apply: Quiz [due

Wk 5 Apply: Quiz [due day 7] 0 Saved Help Save & Exit Submit 5 MC Ou. 36-18 (Algo) (Advanced analysis)... (Advanced analysis) Assume the equation for the total demand for money is L = 0.4Y+ 80 41', where L is the amount of money demanded, Yis gross domestic product, and iis the interest rate. If gross domestic product is $400 and the interest rate is 6 percent, what amount of money will society want to hold? 10 points El Multiple Choice eEook O 200. 400' 264. 240, 216. 0000

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