economics

(Y) is given at 300 units and the money supply (M) is fixed at 200 units. Also suppose that the value ok k initally is 1/4; initially, individuals wish to hold money balances equal to one-fourth of their income. Then assume that individuals increase the money demand to one third of their income, k rises to 1/3. How does this increase in money demand affect equilibrium value of the aggregate price level (P)? What was the initial equilibrium price level? What is the value after the increase in money demand. Explain the process that leads to the change in the aggregate price level.

And this is why I'm glad my economics homework was on Aplia with graphs that could be moved around to show the effects of the equilibrium etc. I never tried putting homework questions online to get help or answers though because that'd take forever or get the wrong answer. Plus it's better to learn how the problem works and use that for tests and later questions that relate to that exercise.