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-The Above Table Has the Demand for Money Schedule

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  -The above table has the demand for money schedule. a) If the Fed sets the quantity of money equal to $1.0 trillion, what is the equilibrium interest rate? b) If the Fed wants the interest rate to be 4 percent, what must it do?
-The above table has the demand for money schedule.
a) If the Fed sets the quantity of money equal to $1.0 trillion, what is the equilibrium interest rate?
b) If the Fed wants the interest rate to be 4 percent, what must it do?

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a) If the Fed sets the quantity of money...

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