If Md = 2,600 – 200r, the MPC = .75, G=100, and T = 100 . If the cen
If Md = 2,600 – 200r, the MPC = .75, G=100, and T = 100 . If the central bank wants the interest rate to be r=2, then the money supply must be
a. 5.
b. 400
c. 300
d. 3,000
e. not enough information was given.
ANSWER
D
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