10 percent and 120.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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12
MD
240
Quant ity of money
160
200
100
120
140
Ouantity of investment
Refer to figure above to answer this question. If the money supply is equal to 180,
what are the values of the interest rate and investment spending?
12 percent and 110.
12 percent and 120.
4 percent and 150.
8 percent and 130.
10 percent and 120.
Rate ol interest
Transcribed Image Text:12 MD 240 Quant ity of money 160 200 100 120 140 Ouantity of investment Refer to figure above to answer this question. If the money supply is equal to 180, what are the values of the interest rate and investment spending? 12 percent and 110. 12 percent and 120. 4 percent and 150. 8 percent and 130. 10 percent and 120. Rate ol interest
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