(b) Consider a closed economy where output (v) is produced by a perfectly competitive firm with production function given by F(L) - 64 In L. Labour supply curve is given by -w, where w - real wage rate. The following information about demand side is available for this economy: C-C,+e (Y-7)+cM/P, 1-I, -br", G-T, T-, MMM-KY - hi and M - M., where 00, b>0, k>0, h>0. Verify whether the money neutrality is satisfied in this economy in the long run.