Asset demand for money as a green line

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Q. A political consolidate promises voters more funding for AIDS research also child care also assures them they will not have to sacrifice any other goods or services to obtain the additional programs.

Q. This diagram Elucidate how the asset demand for money as a green line (triangle symbols). Assume the transactions demand is $100 billion also it depends only on nominal income. Utilize the purple line (diamond symbols) to draw the transactions demand-for-money curve.

Now utilize the blue line (circle symbols) to Elucidate how the total demand for money in this economy.

Reference no: EM1321901

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