Homework Answers
Option d. There is no change in the equilibrium value of money.
Value of money is given by the real money balances which we equals Money Supply divided by General Price Level: M/P
Now with increase in money demand and Money Supply along with general Price level remaining constant, the interest rate would increase with amount of real money balances or equilibrium value of money remaining the same.
In the following graph M/P represents value for money
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