2. The following data is given for the monetary sector of the economy. Transaction demand for money, M,= 0.5Y. Speculative demand for money, M = 105 – 1500 i sp Money supply M= 150 %3D Derive LM equation from the above data

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A:

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A: Answer -

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A: Accordingly We can see that Nominal GDP is = 2200 Real GDP = 1100 GNP deflator needed ?