Question

    Transaction demand for money, Mt = 0.7Y. Speculative

    demand for money, MSP = 50 – 150i ;  Money supply Ms = 150. LM equation from the above data is ______
    A i = .0467Y – 0.34 Correct Answer Incorrect Answer
    B i = .00467Y – 0.67 Correct Answer Incorrect Answer
    C i = .000467Y + 0.67 Correct Answer Incorrect Answer
    D i = .000467Y – 0.67 Correct Answer Incorrect Answer

    Solution

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