Answer the question on the basis of the following information.For transactions,households and businesses want to hold an amount of money equal to one-half of nominal GDP.The table shows the amounts of money they want to hold as an asset at various interest rates. $\begin{array}{l}
\begin{array}{cc}
\underline{\text { Interest Rate} } & \underline{\text { Amount of Money Demanded }}\
10 \% & \$ 20 \
8 & 40 \
6 & 60 \
4 & 80 \
2 & 100
\end{array}
\end{array}$ Refer to the given information.If nominal GDP is $300 and the supply of money is $230,the equilibrium interest rate will be:
A) 8 percent.
B) 6 percent.
C) 4 percent.
D) 2 percent.

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The Answer of Answer the question on the basis of the following information.For transactions,households and businesses want to hold an amount of money equal to one-half of nominal GDP.The table shows the amounts of money they want to hold as an asset at various interest rates. $\begin{array}{l}
\begin{array}{cc}
\underline{\text { Interest Rate} } & \underline{\text { Amount of Money Demanded }}\
10 \% & \$ 20 \
8 & 40 \
6 & 60 \
4 & 80 \
2 & 100
\end{array}
\end{array}$ Refer to the given information.If nominal GDP is $300 and the supply of money is $230,the equilibrium interest rate will be:
A) 8 percent.
B) 6 percent.
C) 4 percent.
D) 2 percent.

Answer the Question on the Basis of the Following Information