Problem
Sketch a demand for money curve and a supply of money at $2 trillion. Identify the rate of interest at which people would hold this quantity of money. Illustrate the effect of an increase in the demand for money. Show how the Fed could act to keep the interest rate constant.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.