Assume the following: i. The public holds no currency. ii. The ratio of reserves to deposits (theta) is 0.08. iii. The demand for money is given by Upper M Superscript d Baseline equals $Y (0.86 minus 3.4 i ). Initially, the monetary base (Upper H ) is $96 billion, and nominal income ($Y ) is $4 comma 700 billion. Calculate the demand function for central bank money:

could you provide figure.

2(2x + 3) = -4 + 2(2x + 5)

4x + 6 = -4 + 4x + 10

4x + 6 = 4x + 6

4x - 6 + 6 = 4x - 6 + 6

4x = 4x

x = x

unlimited solutions.

the solution is x=1

step-by-step explanation:

we are given our   equation as

let's assume

left side function is

right side function is

now, we can draw graph

and then we can get intersection point

the intersection point will be solution

so, the solution is

x=1

teleportation

step-by-step explanation: