Suppose real output is 12,500,and the demand for real money balances is 
= 
- 125i.If the equilibrium interest rate is 7 percent,calculate the money supply.If the central bank sets the interest rate at 8 percent,what is the new money supply?
Definitions:
Outgroup Homogeneity Effect
The tendency to view individuals in outgroups as more similar to each other than they really are.
Stereotype Threat
The risk of conforming to stereotypes about one's social group, which can hinder performance in various domains.
Racial Bias Effect
The tendency to process information or make decisions in a way that favors one racial group over others.
Ultimate Attribution Error
The tendency to internally attribute behaviors of individuals in an outgroup to their character while attributing in-group members' behaviors to external situational factors.
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