Exhibit 3 (1) (2) (3) % Interest Rate Dt Da $100 5 12% 10 $0 20 40 60 80 100 100 100 100 100 100 4 2 and columns (1) and (3) show the asset demand (Da) for money. If the money supply is $160, the equilibrium interest rate will be. 33. Refer to Exhibit 3, in which columns (1) and (2) indicate the transactions demand (Dt) for money 10 percent. b) 6 percent. 4 percent. 8. percent. d)

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100%
Exhibit 3
(1)
(2)
(3)
%
Interest Rate
Dt
Da
$100
5
12%
10
SO
20
40
60
80
100
100
100
100
4
2
100
100
33. Refer to Exhibit 3, in which columns (1) and (2) indicate the transactions demand (Dt) for money
and columns (1) and (3) show the asset demand (Da) for money. If the money supply is $160, the
equilibrium interest rate will be.
10 percent.
b)
8 percent.
6 percent.
d)
4 percent.
Transcribed Image Text:Exhibit 3 (1) (2) (3) % Interest Rate Dt Da $100 5 12% 10 SO 20 40 60 80 100 100 100 100 4 2 100 100 33. Refer to Exhibit 3, in which columns (1) and (2) indicate the transactions demand (Dt) for money and columns (1) and (3) show the asset demand (Da) for money. If the money supply is $160, the equilibrium interest rate will be. 10 percent. b) 8 percent. 6 percent. d) 4 percent.
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