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April 21, 2014

Homework Help: Economics(Repost)

Posted by Bill on Friday, February 9, 2007 at 9:16pm.

Derieve the demand for bonds.
Md=$Y(.35-i)
Person's wealth is $50,000
Yearly Income is $60,000


They didn't give what the interest rate is. Would the equation then be Md=21000-60000i?

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