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2. Mohey supply, money demand, and adjustment to nobetary equilibrium The follewing table
shows a money demand schedule, which is the euantity of moner demanded at various price
ierels (P). Aar in the Vatue of Montr cokimn in the folowing tabie. thelcal transaction reauires,
and the moter people aill wish to hold in the torim of currency or demand depceits. Assume that
the fank of Canada initially fios the quapeity of money supelied at 14 tilise. Bute connected
points (coreie symbol) ta gragh the meney dentand curve.
than the oudtr of mener idendeded. and the walke of moerer wit

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